There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 3, Chapters 90 - 130
ORS Chapter 130
130.545 Encumbrance or disposition of property after trust instrument executed.
OR Rev Stat § 130.545 (through Leg Sess 2011) What's This?
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]
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