An official oath or indemnity bond or other security shall not be required when a trust company is appointed as fiduciary or during the administration of the trust except as required by ORS § 709.030 and 709.130. [Amended by 1973 c.797 § 201; 1973 c.823 § 144; 1974 c.36 § 26]

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Terms Used In Oregon Statutes 709.240

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Fiduciary: A trustee, executor, or administrator.
  • Oath: A promise to tell the truth.

 

[Repealed by 1973 c.797 § 428; amended by 1973 c.823 § 145; amendment treated as reenactment, see 709.251]

 

[1973 c.823 § 145 amending 709.250 treated as reenactment of 709.250 repealed by 1973 c.797 § 428; repealed by 1974 c.36 § 28]

 

[Repealed by 1973 c.797 § 428]