ORS 130.320: UTC 506. Overdue distribution.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date. [2005 c.348 §43]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors130.html