Each master trustee is responsible for and shall file an annual report with the director by April 1 of each year on forms provided by the director. The report shall cover the preceding calendar year and shall include information on trusted funds:

1. (1) The actual value at the beginning and end of the calendar year;
2. (2) Deposits and withdrawals;
3. (3) Income earned and fees paid;
4. (4) Taxes paid for beneficiaries;
5. (5) Gains and losses; and
6. (6) The balance of all trust accounts as of December 31.

Statutory/Other Authority

ORS 97.926 & 97.935

Statutes/Other Implemented

ORS 97.935

History

FCS 14-2010, f. 12-30-10, cert. ef. 1-1-11