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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) Except as provided in subsection (3) of this section, a fiduciary's authority terminates upon the death, resignation or removal of the fiduciary or upon the protected person's death. If the fiduciary is a guardian appointed solely by reason of the minority of the protected person, the fiduciary's authority terminates upon the protected person attaining 18 years of age.
(2) Resignation or removal of a fiduciary does not discharge the fiduciary until a final report or accounting has been approved by the court, any surety exonerated and the fiduciary discharged by order of the court.
(3) A guardian retains the authority to direct disposition of the remains of a deceased protected person if the guardian is unaware of any contact during the 12-month period immediately preceding the death of the protected person between the protected person and any person with priority over the fiduciary to control disposition of the remains under ORS 97.130 or to make an anatomical gift under ORS 97.965.
Cite this article: FindLaw.com - Oregon Revised Statutes Protective Proceedings; Powers of Attorney; Trusts § 125.230 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-13-protective-proceedings-powers-of-attorney-trusts/or-rev-st-sect-125-230/
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