{"data":{"id":"us-or/ors-130.215","jurisdiction":"us-or","citation":"ORS 130.215","heading":"UTC 414. Modification or termination of uneconomic trust.","body":"(1) After notice to the qualified beneficiaries, a trustee may terminate a trust if the trustee concludes that the value of the trust property is insufficient to justify the cost of administration. A trustee may not terminate a trust under this section if the trustee is a qualified beneficiary of the trust or has a duty of support for a qualified beneficiary of the trust.\n      (2) The court may modify or terminate a trust, or remove the trustee and appoint a different trustee, if the court finds that the value of the trust property is insufficient to justify the cost of administration.\n      (3) Upon termination of a trust under this section, the trustee shall distribute the trust property in a manner consistent with the purposes of the trust.\n      (4) This section does not apply to an easement for conservation or preservation.","path":["03 - Landlord-Tenant, Domestic Relations, Probate","13. Protective Proceedings; Powers of Attorney; Trusts","Chapter 130 — Uniform Trust Code"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors130.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"e2546ef5468c3a830f8b45d29e92d1cd86191f985da0077b70adf1c82b8c3b69","source_id":"us-or","stale":false,"prev":"us-or/ors-130.210","next":"us-or/ors-130.220"},"notice":"GroundRules: Original legal text. Not legal advice."}