Chapter 126 — Property Held for the Benefit of Minors; Uniform Transfers to Minors Act
ORS 126.857 Third person’s duties in dealing with custodian
A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining:
(1)
The validity of the purported custodian’s designation;
(2)
(3)
(4)
The propriety of the application of any property of the beneficiary delivered to the purported custodian.
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Provenance
2025 Oregon Revised Statutes — official online source
Official online edition
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- oregonlegislature.gov
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Version history
Earlier statutory text is available in an ingested published ORS edition.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source2023 Oregon Revised Statutes · active · operative text
Official source