{"data":{"id":"us-or/ors-129.305","jurisdiction":"us-or","citation":"ORS 129.305","heading":"UPIA 402. Distribution from trust or estate.","body":"A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, ORS 129.300 or 129.385 applies to a receipt from the trust.","path":["03 - Landlord-Tenant, Domestic Relations, Probate","13. Protective Proceedings; Powers of Attorney; Trusts","Chapter 129 — Uniform Principal and Income Act"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors129.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"50eead65feaf9921d55286d35bf45263d73cc433bca62a3945672e5c616b43ba","source_id":"us-or","stale":false,"prev":"us-or/ors-129.300","next":"us-or/ors-129.308"},"notice":"GroundRules: Original legal text. Not legal advice."}