Oregon Statutes
§ 128.520 — Employees’ trust may be in perpetuity; accumulation of income
Oregon § 128.520
JurisdictionOregon
Vol.3
Title 13Protective Proceedings; Powers of Attorney; Trusts
Ch. 128Trusts; Charitable Activities
This text of Oregon § 128.520 (Employees’ trust may be in perpetuity; accumulation of income) 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. § 128.520 (2026).
Text
An employees’ trust may be permitted to accumulate for such time as may be necessary to accomplish the purpose for which it is created, and is not invalid as violating any rule of law against perpetuities or the suspension of the power of alienation of title to property. The income from any property held in an employees’ trust may continue in perpetuity or in accordance with the terms of such trust, and the plan of which such trust forms a part, for such time as may be necessary to accomplish the purpose for which such trust is created.
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Legislative History
1955 c.586 §2
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 128.520, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/128.520.