ORS 130.545: Encumbrance or disposition of property after trust instrument executed.

Unless otherwise provided by the terms of the trust instrument: (1) A disposition of a portion of property that is subject to a specific distribution does not affect the operation of the trust upon the remaining portion of the property; and (2) If property subject to a specific distribution is encumbered, the property passes under the specific distribution but is subject to the encumbrance. [Formerly 128.382]