Form 440-4955 "Master Trustee Election Form to Pay Administrative Fees & Expenses From Trust Fund Deposits" - Oregon

What Is Form 440-4955?

This is a legal form that was released by the Oregon Department of Consumer and Business Services - a government authority operating within Oregon. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on February 1, 2014;
  • The latest edition provided by the Oregon Department of Consumer and Business Services;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form 440-4955 by clicking the link below or browse more documents and templates provided by the Oregon Department of Consumer and Business Services.

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Download Form 440-4955 "Master Trustee Election Form to Pay Administrative Fees & Expenses From Trust Fund Deposits" - Oregon

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Oregon Department of Consumer and Business Services
Division of Financial Regulation
350 Winter St. NE, Room 410, Salem, Oregon 97301-3881
Mailing address: P.O. Box 14480, Salem, OR 97309-0405
503-378-4140  Fax: 503-947-7862
http://dfcs.oregon.gov
MASTER TRUSTEE ELECTION
TO PAY ADMINISTRATIVE FEES & EXPENSES
FROM TRUST FUND DEPOSITS
Due date for election: January 1
Fee: none
Purpose of this form: Election form for registered master trustees to provide notice to the director that the
master trustee either elects or does not elect to pay administrative fees and expenses from earnings on trust fund
deposits.
Failure to file election form or opt out: The registered master trustee cannot pay administrative fees and
expenses from earnings on trust deposits. Line 4 on the Master Trustee Annual Report and Registration
Renewal, form 440-4017, must be marked as $0.
Other important dates: April 1 and July 31
All registered master trustees must complete the Master Trustee Annual Report and Registration Renewal, form
440-4017, due by April 1, to report fund activity for the previous calendar year and to renew their registration
for the current year.
For those master trustees who elect to pay administrative fees and expenses, the master trustee shall submit the
two percent calculations based on the principal balance of the trust on January 1 and July 1. Use form 440-
4957, due by July 31, to submit to show the maximum 2 percent that may be appropriated for administrative
expenses for the reporting year. Information on this report will be used for line 4 on the Master Trustee Annual
Report and Registration Renewal, form 440-4017, due by April 1.
Governing statutes and rules: Oregon Revised Statute 97.943(9) and Oregon Administrative Rules Chapter
441 Division 930-0085
Questions? Call 503-378-4140
More information:
www.dfcs.oregon.gov
See program link to Cemeteries & Preneed.
Oregon Department of Consumer and Business Services
Division of Financial Regulation
350 Winter St. NE, Room 410, Salem, Oregon 97301-3881
Mailing address: P.O. Box 14480, Salem, OR 97309-0405
503-378-4140  Fax: 503-947-7862
http://dfcs.oregon.gov
MASTER TRUSTEE ELECTION
TO PAY ADMINISTRATIVE FEES & EXPENSES
FROM TRUST FUND DEPOSITS
Due date for election: January 1
Fee: none
Purpose of this form: Election form for registered master trustees to provide notice to the director that the
master trustee either elects or does not elect to pay administrative fees and expenses from earnings on trust fund
deposits.
Failure to file election form or opt out: The registered master trustee cannot pay administrative fees and
expenses from earnings on trust deposits. Line 4 on the Master Trustee Annual Report and Registration
Renewal, form 440-4017, must be marked as $0.
Other important dates: April 1 and July 31
All registered master trustees must complete the Master Trustee Annual Report and Registration Renewal, form
440-4017, due by April 1, to report fund activity for the previous calendar year and to renew their registration
for the current year.
For those master trustees who elect to pay administrative fees and expenses, the master trustee shall submit the
two percent calculations based on the principal balance of the trust on January 1 and July 1. Use form 440-
4957, due by July 31, to submit to show the maximum 2 percent that may be appropriated for administrative
expenses for the reporting year. Information on this report will be used for line 4 on the Master Trustee Annual
Report and Registration Renewal, form 440-4017, due by April 1.
Governing statutes and rules: Oregon Revised Statute 97.943(9) and Oregon Administrative Rules Chapter
441 Division 930-0085
Questions? Call 503-378-4140
More information:
www.dfcs.oregon.gov
See program link to Cemeteries & Preneed.
Oregon Department of Consumer and Business Services
Division of Financial Regulation
350 Winter St. NE, Room 410, Salem, Oregon 97301-3881
Mailing address: P.O. Box 14480, Salem, OR 97309-0405
503-378-4140  Fax: 503-947-7862
http://dfcs.oregon.gov
MASTER TRUSTEE ELECTION FORM TO PAY ADMINISTRATIVE
FEES & EXPENSES FROM TRUST FUND DEPOSITS
ORS Chapter 97.943(9); OAR 441-930-0085
Reporting period: Jan. 1 to Dec. 31
For calendar year:
Due date: Jan. 1
Fee:
None
Business name:
ABN (if applicable):
Business address:
City, state, ZIP:
Business phone:
Business fax:
Business e-mail:
Contact name:
Mailing address, if different from above:
City, state, ZIP:
Instructions: Select option 1 or option 2 below. No response indicates an automatic response to option 2.
OPTION 1
The above master trustee has elected to pay administrative fees and expenses from earnings on trust fund deposits for the
above calendar year.
Master trustee agrees to submit form 440-4957 by July 31,
to show the maximum 2 percent that may be appropriated
for administrative expenses.
Furthermore, master trustee agrees to submit by April 1,
Master Trustee Annual Report and Registration Renewal
form 440-4017 to report fund activity for the calendar year
and to pay the registration renewal fee.
OPTION 2
The above master trustee elects to not pay administrative fees and expenses from earnings on trust fund deposits on the
above calendar year.
Signature:
Title:
Type or print name:
Date:
Phone:
440-4955 (2/14/COM)
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