Oregon Statutes
§ 129.315 — UPIA 405. Rental property
Oregon § 129.315
JurisdictionOregon
Vol.3
Title 13Protective Proceedings; Powers of Attorney; Trusts
Ch. 129Uniform Principal and Income Act
This text of Oregon § 129.315 (UPIA 405. Rental property) 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. § 129.315 (2026).
Text
To the extent that a trustee accounts for receipts from rental property pursuant to this section, the trustee shall allocate to income an amount received as rent of real or personal property, including an amount received for cancellation or renewal of a lease. An amount received as a refundable deposit, including a security deposit or a deposit that is to be applied as rent for future periods, must be added to principal and held subject to the terms of the lease and is not available for distribution to a beneficiary until the trustee’s contractual obligations have been satisfied with respect to that amount.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
2003 c.279 §14
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 129.315, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/129.315.