Oregon Statutes 105.975 – Short title; application and construction; supersession and repeal of common law
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(1) ORS § 105.950 to 105.975 shall be cited as the Uniform Statutory Rule Against Perpetuities.
Terms Used In Oregon Statutes 105.975
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
(2) ORS § 105.950 to 105.975 shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of ORS § 105.950 to 105.975 among states enacting it.
(3) ORS § 105.950 to 105.975 supersede the rule of the common law known as the rule against perpetuities. [1989 c.208 6,7,8]
XERISCAPING COMMERCIAL OR INDUSTRIAL PROPERTY