Oregon § 125.415 Termination of bond by surety

Oregon Statutes

§ 125.415 — Termination of bond by surety

Oregon § 125.415

Vol.3

Title 13Protective Proceedings; Powers of Attorney; Trusts

Ch. 125Protective Proceedings

This text of Oregon § 125.415 (Termination of bond by surety) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 125.415 (2026).

Text

(1)A surety may cancel the obligation of the surety upon notice in writing to the conservator and the court. The notice shall specify an effective date for the cancellation that is not less than 30 days after the date of the notice.

(2)A surety’s obligation under a bond shall continue until court approval of an accounting covering the period during which the bond was effective and an order is entered releasing the sureties. [1995 c.664 §37] (Conservator’s Powers and Duties)

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(1) A surety may cancel the obligation of the surety upon notice in writing to the conservator and the court. The notice shall specify an effective date for the cancellation that is not less than 30 days after the date of the notice.
(2) A surety’s obligation under a bond shall continue until court approval of an accounting covering the period during which the bond was effective and an order is entered releasing the sureties. [1995 c.664 §37]
(Conservator’s Powers and Duties)