Oregon Statutes 114.395 – Improper exercise of power; breach of fiduciary duty
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If the exercise of power by a personal representative in the administration of an estate is improper, the personal representative is liable for breach of fiduciary duty to interested persons for resulting damage or loss to the same extent as a trustee of an express trust. Exercise of power in violation of a court order is a breach of duty. Exercise of power contrary to the provisions of the will may be a breach of duty. [1969 c.591 § 136]
Terms Used In Oregon Statutes 114.395
- Fiduciary: A trustee, executor, or administrator.
- Trustee: A person or institution holding and administering property in trust.