Chapter 33
AN ACT
SB 305
Relating to trusts; amending ORS 130.105.
Be It Enacted by the People of
the State of
SECTION 1. ORS 130.105 is amended to read:
130.105. To the extent
there is no conflict of interest between the holder of a [general] testamentary power of appointment and the persons
represented with respect to the particular question or dispute, the holder may
represent and bind persons whose interests are subject to the power as
permissible appointees, as takers in default or by other reason.
Approved by the Governor April 10, 2007
Filed in the office of Secretary of State April 11, 2007
Effective date January 1, 2008
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