# ORS § 130.015: 130.015 UTC 104. Knowledge

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.015

## Section

- **Citation:** ORS § 130.015
- **Heading:** 130.015 UTC 104. Knowledge
- **Jurisdiction:** Oregon
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OR Code / Title 13 / Chapter 130 / Section 130.015

## Text

(1) Subject to subsection (2) of this section, a person has knowledge of a fact if the person:

(a) Has actual knowledge of the fact;

(b) Has received a notice or notification of the fact; or

(c) From all the facts and circumstances known to the person at the time in question, has reason to know the fact.

(2) An organization that conducts activities through employees has notice or knowledge of a fact involving a trust only from the time the information was received by an employee having responsibility to act for the trust, or would have been brought to the employee’s attention if the organization had exercised reasonable diligence. An organization exercises reasonable diligence if the organization maintains reasonable routines for communicating significant information to the employee having responsibility to act for the trust and there is reasonable compliance with the routines. Reasonable diligence does not require an employee of the organization to communicate information unless the communication is part of the employee’s regular duties or the employee knows a matter involving the trust would be materially affected by the information. [2005 c.348 §4]

Source: Section 130.015 — UTC 104. Knowledge , https://www.­oregonlegislature.­gov/bills_laws/ors/ors130.­html (accessed May 26, 2025).

## Nearby sections

- [ORS § 130.001 130.001 UTC 101. Short title](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.001.md)
- [ORS § 130.005 130.005 UTC 102. Scope](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.005.md)
- [ORS § 130.010 130.010 UTC 103. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.010.md)
- [ORS § 130.015 130.015 UTC 104. Knowledge](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.015.md)
- [ORS § 130.020 130.020 UTC 105. Default and mandatory rules](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.020.md)
- [ORS § 130.022 130.022 UTC 108. Principal place of administration](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.022.md)
- [ORS § 130.025 130.025 UTC 106. Common law of trusts](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.025.md)
- [ORS § 130.030 130.030 UTC 107. Governing law](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.030.md)
- [ORS § 130.035 130.035 UTC 109. Methods of giving notice](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.035.md)
- [ORS § 130.040 130.040 UTC 110. Other persons treated as qualified beneficiaries](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.040.md)
- [ORS § 130.045 130.045 UTC 111. Nonjudicial settlement agreements](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.045.md)
- [ORS § 130.050 130.050 UTC 201. Role of court in administration of trust](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.050.md)
- [ORS § 130.055 130.055 UTC 202. Jurisdiction over trustee and beneficiary](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.055.md)
- [ORS § 130.060 130.060 UTC 203. Subject-matter jurisdiction](https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.060.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T13_C130_S130.015. Check the current official text before relying on it. Not legal advice.