{"data":{"id":"us-or/ors-130.605","jurisdiction":"us-or","citation":"ORS 130.605","heading":"UTC 702. Trustee’s bond.","body":"(1) A trustee shall acquire a bond to secure performance of the trustee’s duties only if a bond is required by the terms of the trust or if a court finds that a bond is needed to protect the interests of the beneficiaries. A court may waive a bond required by the terms of a trust if the court finds that a bond is not needed to protect the interests of the beneficiaries.\n      (2) The court may specify the amount and terms of a bond. The court may modify or terminate any requirement for a bond at any time.\n      (3) A trust company as defined in ORS 706.008 need not give a bond, even if required by the terms of the trust.","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":"646d6fdff08d371ed9467c50515fd8189c024be16df6b5624a33f26adf7f32cf","source_id":"us-or","stale":false,"prev":"us-or/ors-130.600","next":"us-or/ors-130.610"},"notice":"GroundRules: Original legal text. Not legal advice."}