ORS 128.585: Personal liability of trustees, shareholders or beneficiaries of business trust.
Where this section sits in the code
- 03 - Landlord-Tenant, Domestic Relations, Probate
- 13. Protective Proceedings; Powers of Attorney; Trusts
- Chapter 128 — Trusts; Charitable Activities
The trustees, shareholders or beneficiaries of a business trust shall not, as such, be personally liable for any obligations of such business trust arising after June 25, 1971. Persons becoming trustees, shareholders or beneficiaries after June 25, 1971, shall not be personally liable, as such, for obligations of the business trust existing on June 25, 1971.
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