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2017 Oregon Revised Statutes
Volume : 03 - Landlord-Tenant, Domestic Relations, Probate
Chapter 130 - Uniform Trust Code
Section 130.545 - Encumbrance or disposition of property after trust instrument executed.
Universal Citation: OR Rev Stat § 130.545 (2017)
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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