Oregon Statutes
§ 94.895 — Trust irrevocable without alternative arrangement
Oregon § 94.895
This text of Oregon § 94.895 (Trust irrevocable without alternative arrangement) 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. § 94.895 (2026).
Text
(1)Except as provided in subsection (2) of this section:
(a)If a trust is established for timeshare property subject to timeshare licenses, the trust for the timeshare property shall be irrevocable during the time that any purchaser of a timeshare license has a right to the use of the timeshare property.
(b)If a trust is established for timeshare property subject to timeshare estates, the trust for the timeshare property shall be irrevocable until all blanket encumbrances are extinguished.
(2)The Real Estate Commissioner may approve an alternative arrangement that permits termination of the trust.
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Legislative History
1983 c.530 §33
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 94.895, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/94.895.