Chapter 130 — Uniform Trust Code
ORS 130.720 UTC 815. General powers of trustee
(1)
A trustee, without authorization by the court, may exercise powers conferred by the terms of the trust and, except as limited by the terms of the trust:
(a)
All powers over the trust property that an unmarried financially capable owner has over individually owned property;
(b)
Any other powers appropriate to achieve the proper investment, management and distribution of the trust property; and
(c)
Any other powers conferred by this chapter.
(2)
The exercise of a power is subject to the fiduciary duties prescribed by ORS 130.650 to 130.730.
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2025 Oregon Revised Statutes — official online source
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2025 Oregon Revised Statutes — official online source