Oregon § 742.352 Reimbursement of private persons required to give bond, letter of credit or other obligation

Oregon Statutes

§ 742.352 — Reimbursement of private persons required to give bond, letter of credit or other obligation

Oregon § 742.352

Vol.18

Title 56Insurance

Ch. 742Insurance Policies Generally; Property and Casualty Policies

This text of Oregon § 742.352 (Reimbursement of private persons required to give bond, letter of credit or other obligation) 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. § 742.352 (2026).

Text

Any receiver, assignee, guardian, conservator, trustee, executor, administrator or other fiduciary, required by law or the order of any court or judge to give a bond, letter of credit or other obligation as such, may include as a part of the lawful expense of executing the trust, such reasonable sum paid an insurer for becoming surety on the bond or an issuer of a letter of credit as may be allowed by the court in which, or judge before whom, the person is required to account. Such sum shall not exceed one percent per annum of the amount of the bond or letter of credit.

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Any receiver, assignee, guardian, conservator, trustee, executor, administrator or other fiduciary, required by law or the order of any court or judge to give a bond, letter of credit or other obligation as such, may include as a part of the lawful expense of executing the trust, such reasonable sum paid an insurer for becoming surety on the bond or an issuer of a letter of credit as may be allowed by the court in which, or judge before whom, the person is required to account. Such sum shall not exceed one percent per annum of the amount of the bond or letter of credit.