(a) For an accounting by the custodian or the custodian’s legal representative; or
(b) For a determination of responsibility, as between the custodial property and the custodian personally, for claims against the custodial property unless the responsibility has been adjudicated in an action under ORS 126.859 to which the beneficiary or the beneficiary’s legal representative was a party.
(2) A successor custodian may petition the court for an accounting by the predecessor custodian.
(3) The court, in a proceeding under ORS 126.805 to 126.886 or in any other proceeding, may require or permit the custodian or the custodian’s legal representative to account.
(4) If a custodian is removed under ORS 126.862 (6), the court shall require an accounting and order delivery of the custodial property and records to the successor custodian and the execution of all instruments required for transfer of the custodial property. [1985 c.665 §20; 2005 c.349 §14]
Structure 2021 Oregon Revised Statutes
Volume : 03 - Landlord-Tenant, Domestic Relations, Probate
Chapter 126 - Property Held for the Benefit of Minors; Uniform Transfers to Minors Act
Section 126.700 - Payment or delivery for benefit of minor.
Section 126.730 - Payment of moneys to minor pursuant to judgment; payment or deposit; disbursement.
Section 126.805 - Definitions for ORS 126.805 to 126.886.
Section 126.809 - Applicability of ORS 126.805 to 126.886; jurisdiction over custodian.
Section 126.819 - Irrevocable transfer by personal representative or trustee to custodian.
Section 126.822 - Transfer to custodian in absence of authorization.
Section 126.832 - Creation and transfer of custodial property; form of instrument.
Section 126.836 - Limitations on custodianship; age requirement for transfers.
Section 126.839 - Validity of transfer.
Section 126.842 - Duties of custodian; standard of care.
Section 126.846 - Rights, powers and authority of custodian.
Section 126.852 - Reimbursement to custodian for reasonable expenses; compensation; bond.
Section 126.857 - Third person’s duties in dealing with custodian.
Section 126.859 - Claims against custodial property; liability of custodian and beneficiary.
Section 126.866 - Petition for accounting by custodian, determination of responsibility.
Section 126.869 - Time of transfer of custodial property to beneficiary or beneficiary’s estate.
Section 126.872 - Delayed transfer of custodial property to beneficiary.
Section 126.877 - Applicability of ORS 126.805 to 126.886 to transfers made after January 1, 1986.
Section 126.879 - Validation of transfer made before January 1, 1986.