Prohibited activities for trustee or officer.

  1. Law
  2. Oregon Revised Statutes
  3. Financial Institutions, Insurance
  4. Health Care Service Contractors; Multiple Employer Welfare Arrangements; Legal Expense Organizations
  5. Prohibited activities for trustee or officer.

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(1) Receive directly or indirectly any payment for negotiating, procuring, recommending or aiding in:

(a) Any purchase by or sale to the trust; or

(b) Any loan from the trust.

(2) Be pecuniarily interested, as principal, coprincipal, agent or beneficiary, in a purchase, sale or loan described in subsection (1) of this section. [1993 c.615 §18]

Note: See note under 750.301.


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