{"data":{"id":"us-or/ors-130.750","jurisdiction":"us-or","citation":"ORS 130.750","heading":"Trustee’s duty to comply with prudent investor rule.","body":"(1) Except as otherwise provided in subsection (2) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in ORS 130.755.\n      (2) The prudent investor rule is a default rule that may be expanded, restricted, eliminated or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions 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":"7204a7fe5e99e6a0c55c76ac434590a2f70118ef11af36e08bc5d70d86ce891c","source_id":"us-or","stale":false,"prev":"us-or/ors-130.735","next":"us-or/ors-130.755"},"notice":"GroundRules: Original legal text. Not legal advice."}