Oregon Statutes 441.309 – Trustee as public employee
Current as of: 2023 | Check for updates
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(1) In any action or special proceeding brought against a trustee in the trustee’s official capacity for acts committed while carrying out the powers granted and duties imposed by ORS § 441.277 to 441.323, the trustee shall be considered a public employee.
Terms Used In Oregon Statutes 441.309
- Fiduciary: A trustee, executor, or administrator.
- Trustee: A person or institution holding and administering property in trust.
(2) A trustee may be held liable in a personal capacity only for the trustee’s own gross negligence, intentional acts or breach of fiduciary duty. [1981 c.868 § 9]
[Amended by 1959 c.616 § 1; 1969 c.343 § 17; repealed by 1971 c.647 § 149]