Oregon § 125.691 Oregon Public Guardian and Conservator Protected Person Trust Account

Oregon Statutes

§ 125.691 — Oregon Public Guardian and Conservator Protected Person Trust Account

Oregon § 125.691

Vol.3

Title 13Protective Proceedings; Powers of Attorney; Trusts

Ch. 125Protective Proceedings

This text of Oregon § 125.691 (Oregon Public Guardian and Conservator Protected Person Trust Account) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 125.691 (2026).

Text

(1)The Oregon Public Guardian and Conservator Protected Person Trust Account is established in the State Treasury separate and distinct from the General Fund and the Oregon Public Guardian and Conservator Fund. Moneys in the Oregon Public Guardian and Conservator Protected Person Trust Account consists of moneys received on behalf of persons for whom the Oregon Public Guardian and Conservator has been appointed as a guardian or conservator. All moneys in the account are continuously appropriated to the Oregon Public Guardian and Conservator to be used for the benefit of a person for whom the Oregon Public Guardian and Conservator has been appointed as a guardian or conservator and on whose behalf the Oregon Public Guardian and Conservator has received moneys.

(2)The Oregon Public Guardia

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(1) The Oregon Public Guardian and Conservator Protected Person Trust Account is established in the State Treasury separate and distinct from the General Fund and the Oregon Public Guardian and Conservator Fund. Moneys in the Oregon Public Guardian and Conservator Protected Person Trust Account consists of moneys received on behalf of persons for whom the Oregon Public Guardian and Conservator has been appointed as a guardian or conservator. All moneys in the account are continuously appropriated to the Oregon Public Guardian and Conservator to be used for the benefit of a person for whom the Oregon Public Guardian and Conservator has been appointed as a guardian or conservator and on whose behalf the Oregon Public Guardian and Conservator has received moneys.
(2) The Oregon Public Guardian and Conservator shall administer the trust account:
(a) For the benefit of persons for whom the Oregon Public Guardian and Conservator has been appointed a guardian or conservator and on whose behalf the Oregon Public Guardian and Conservator has received moneys; and
(b) In accordance with the provisions of this chapter or as ordered by the court.
(3) The Oregon Public Guardian and Conservator may establish subaccounts within the Oregon Public Guardian and Conservator Protected Person Trust Account when the Oregon Public Guardian and Conservator determines that subaccounts are necessary or desirable. Interest earned by the account or subaccounts, if any, shall accrue to the benefit of the account or subaccounts.