8 chapters · 611 sections in this title.
ORS 37.310 Employment and compensation of professionals
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(1) After giving notice, a receiver may employ attorneys, accountants, appraisers, brokers, real estate licensees, auctioneers or other professionals to represent or assist the receiver in carrying out the receivers duties. (2) The notice given by the receiver before employing a…
ORS 37.320 Participation of creditors and other interested persons in receivership; effect of receivership on nonparties
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(1) Any interested person may appear in a receivership, either in person or by an attorney. Before appearing in the receivership, an interested person who is not party to the receivership must file with the court a written notice of appearance, including the name and mailing addr…
ORS 37.330 Initial notice to creditors and other interested persons
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(1) A receiver shall, within 30 days after the receivers appointment, provide notice of the receivership to all known creditors of the owner and any other known interested persons that includes: (a) The date of appointment of the receiver; (b) The name of the court and the case …
ORS 37.340 Claims process
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(1) If a receiver determines that the estate is sufficient to provide distributions to creditors, the receiver shall, upon notice, establish a claims process by sending a written document describing a claims process, including relevant dates and deadlines, to all known creditors …
ORS 37.350 Submission of claims by creditors
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(1) Claims may not be submitted until a claims process is established under ORS 37.340. (2) All claims that arose before the receivers appointment, whether contingent, liquidated, unliquidated or disputed, other than claims of creditors with security interests in or other liens …
ORS 37.360 Objection to and allowance of claims
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(1)(a) At any time before the entry of an order approving the receivers final report, a receiver may, upon court order and after at least 21 days notice, disallow a claim. The notice must set forth the grounds for the disallowance. (b) At any time before the entry of an order a…
ORS 37.370 Priorities
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(1) Allowed claims in a receivership receive distribution under the Oregon Receivership Code in the order of priority set forth in this subsection. (a) The first priority is unpaid costs and expenses allowable under ORS 37.270. (b) The second priority is claims of creditors with …
ORS 37.380 Secured claims against after-acquired property
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Property acquired by the estate or by the owner after the date of appointment of the receiver is subject to an allowed secured claim to the same extent as would be the case in the absence of a receivership. [2017 c.358 §38]
ORS 37.390 Ancillary receiverships
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(1) A receiver appointed in any action pending in the courts of this state may, upon court order, apply to any court outside of this state for appointment as receiver with respect to any estate property that is located in any other jurisdiction, if the appointment is necessary to…
ORS 37.400 Removal of receiver
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(1) On motion of the owner, the receiver or any creditor, or on the courts own motion, the court shall remove a receiver if the receiver resigns or refuses or fails to serve for any reason, or for other good cause. (2) Upon removal of the receiver, the court shall appoint a succ…
ORS 37.410 Termination of receivership
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(1) Upon distribution or disposition of all property of the estate or the completion of the receivers duties with respect to estate property, or for other good cause, the receiver shall move the court for an order discharging the receiver. (2) The receiver shall attach to the mo…