Oregon Revised Statutes
Or. Rev. Stat. § 115.001 (2026)
Effect of direction to pay debts, charges, taxes or expenses
✓ current as of May 2026
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115.001 Effect of direction to pay debts, charges, taxes or expenses. A mere testamentary direction to pay debts, charges, taxes or expenses of administration shall not be considered a direction for exoneration from encumbrances. [1973 c.506 §35]
Notes of Decisions
Cited in 2
cases, 1982–1984 · leading case: Bonner v. Arnold, 676 P.2d 290 (Or. 1984).
Bonner v. Arnold, 676 P.2d 290 (Or. 1984). “ORS 115.001: "A mere testamentary direction to pay debts, charges, taxes or expenses of administration shall not be considered a direction for exoneration from encumbrances.”
Meissner v. Murphy, 647 P.2d 972 (Or. Ct. App. 1982). “A •laim on a debt due for which the creditor holds security iay be presented as a claim against the estate, or the ¡reditor may elect to rely entirely on the security without •resentation of the claim. ORS 115.065(1).”
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