Oregon Statutes
§ 711.505 — Liability of fiduciary as stockholder; liability of estate and funds
Oregon § 711.505
JurisdictionOregon
Vol.18
Title 53Financial Institutions
Ch. 711Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
This text of Oregon § 711.505 (Liability of fiduciary as stockholder; liability of estate and funds) 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. § 711.505 (2026).
Text
A person holding stock of an institution as a fiduciary, as collateral security or in pledge, is not personally subject to any liability as a stockholder. The person pledging the stock is liable as a stockholder. The estate and funds in the hands of the fiduciary are liable to the same extent as the testator, intestate, protected person or person interested in the trust fund would be liable if able to act and hold the stock in the name of that person.
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Legislative History
Amended by 1973 c.797 §267; 1973 c.823 §146; 1974 c.36 §27
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 711.505, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/711.505.