Oregon Statutes - Chapter 130 - Uniform Trust Code - Section 130.320 - UTC 506. Overdue distribution.

Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date. [2005 c.348 §43]

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Last modified: August 7, 2008