Oregon Statutes

§ 128.585 — Personal liability of trustees, shareholders or beneficiaries of business trust

Oregon § 128.585
JurisdictionOregon
Vol.3
Title 13Protective Proceedings; Powers of Attorney; Trusts
Ch. 128Trusts; Charitable Activities

This text of Oregon § 128.585 (Personal liability of trustees, shareholders or beneficiaries of business trust) 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. § 128.585 (2026).

Text

The trustees, shareholders or beneficiaries of a business trust shall not, as such, be personally liable for any obligations of such business trust arising after June 25, 1971. Persons becoming trustees, shareholders or beneficiaries after June 25, 1971, shall not be personally liable, as such, for obligations of the business trust existing on June 25, 1971.

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Legislative History

1971 c.491 §6; 1973 c.367 §14

Nearby Sections

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§ 128.003
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§ 128.020
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Bluebook (online)
Oregon § 128.585, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/128.585.