UTC 601. Revocable trusts generally.

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(2) A revocable trust remains a revocable trust for the purposes of ORS 130.520 to 130.575 even though the trust cannot be revoked because:

(a) The settlor becomes financially incapable; or

(b) An event occurs that by the terms of the trust prevents the revocation of the trust. [2005 c.348 §45; 2009 c.275 §16]


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