{"data":{"id":"us-or/ors-126.857","jurisdiction":"us-or","citation":"ORS 126.857","heading":"Third person’s duties in dealing with custodian.","body":"A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining:\n      (1) The validity of the purported custodian’s designation;\n      (2) The propriety of, or the authority under ORS 126.805 to 126.886 for, any act of the purported custodian;\n      (3) The validity or propriety under ORS 126.805 to 126.886 of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or\n      (4) The propriety of the application of any property of the beneficiary delivered to the purported custodian.","path":["03 - Landlord-Tenant, Domestic Relations, Probate","13. Protective Proceedings; Powers of Attorney; Trusts","Chapter 126 — Property Held for the Benefit of Minors; Uniform Transfers to Minors Act"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors126.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"108cca4919655ae11520fefa94efcfd1bb02a3b6fd295033b12fc2af47ab4bbc","source_id":"us-or","stale":false,"prev":"us-or/ors-126.856","next":"us-or/ors-126.859"},"notice":"GroundRules: Original legal text. Not legal advice."}