§ 130.100 UTC 301. Representation; basic effect
§ 130.105 UTC 302. Representation by holder of testamentary power of appointment
§ 130.110 UTC 303. Representation by fiduciaries and parents
§ 130.115 UTC 304. Representation by person having substantially identical interest
§ 130.120 UTC 305. Appointment of special representative
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Terms Used In Oregon Statutes > Chapter 130 > Representation

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • Devise: To gift property by will.
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Personal property: All property that is not real property.
  • President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
  • public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109
  • Trustee: A person or institution holding and administering property in trust.