# ORS § 750.331: 750.331 Prohibited activities for trustee or officer

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.331

## Section

- **Citation:** ORS § 750.331
- **Heading:** 750.331 Prohibited activities for trustee or officer
- **Jurisdiction:** Oregon
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OR Code / Title 56 / Chapter 750 / Section 750.331

## Text

In addition to limitations and restrictions imposed by the federal Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. 1001 et seq., on trustees or officers in their capacity as fiduciaries, a trustee or officer of a trust carrying out a multiple employer welfare arrangement shall not do any of the following:

(1) Receive directly or indirectly any payment for negotiating, procuring, recommending or aiding in:

(a) Any purchase by or sale to the trust; or

(b) Any loan from the trust.

(2) Be pecuniarily interested, as principal, coprincipal, agent or beneficiary, in a purchase, sale or loan described in subsection (1) of this section. [1993 c.615 §18]

Note: See note under 750.301 (Definitions for ORS 750.301 to 750.341) .

Source: Section 750.331 — Prohibited activities for trustee or officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors750.­html (accessed May 26, 2025).

## Nearby sections

- [ORS § 750.003 750.003 Purpose](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.003.md)
- [ORS § 750.005 750.005 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.005.md)
- [ORS § 750.015 750.015 Management to include representatives of public](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.015.md)
- [ORS § 750.025 750.025 Restricting distribution of income](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.025.md)
- [ORS § 750.035 750.035 Regulation of hospital care associations under prior law](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.035.md)
- [ORS § 750.045 750.045 Required capitalization](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.045.md)
- [ORS § 750.055 750.055 Other provisions applicable to health care service contractors](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.055.md)
- [ORS § 750.059 750.059 Exemption of group practice maintenance organizations from reimbursement requirement for services provided by state hospital or state-approved program](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.059.md)
- [ORS § 750.065 750.065 Payment or reimbursement for services within scope of practice of optometrists](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.065.md)
- [ORS § 750.085 750.085 Offer of replacement coverage upon order of liquidation](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.085.md)
- [ORS § 750.095 750.095 Requirements of contract between provider and subscriber](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.095.md)
- [ORS § 750.301 750.301 Definitions for ORS 750.301 to 750.341](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.301.md)
- [ORS § 750.303 750.303 Conditions for use of multiple employer welfare arrangement](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.303.md)
- [ORS § 750.305 750.305 Application for certificate](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.305.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C750_S750.331. Check the current official text before relying on it. Not legal advice.