Oregon § 415.330 Grounds for order to liquidate

Oregon Statutes

§ 415.330 — Grounds for order to liquidate

Oregon § 415.330

Vol.11

Title 34Human Services; Juvenile Code; Corrections

Ch. 415Regulation of Health Care Entities

This text of Oregon § 415.330 (Grounds for order to liquidate) 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. § 415.330 (2026).

Text

The Oregon Health Authority may apply for an order directing the authority to liquidate the business of a coordinated care organization, regardless of whether there has been a prior order directing the authority to rehabilitate the coordinated care organization, upon any of the grounds specified in ORS 415.280, or if the coordinated care organization:

(1)Has ceased transacting business for a period of one year;

(2)Under any laws except ORS 415.203 to 415.430 or rules adopted pursuant to ORS 415.011, has:

(a)Commenced voluntary liquidation or dissolution;

(b)Attempted to commence or prosecute an action or proceeding to liquidate its business or affairs;

(c)Commenced dissolving its corporate charter; or

(d)Commenced procuring the appointment of a receiver, trustee, custodian, or seques

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The Oregon Health Authority may apply for an order directing the authority to liquidate the business of a coordinated care organization, regardless of whether there has been a prior order directing the authority to rehabilitate the coordinated care organization, upon any of the grounds specified in ORS 415.280, or if the coordinated care organization:
(1) Has ceased transacting business for a period of one year;
(2) Under any laws except ORS 415.203 to 415.430 or rules adopted pursuant to ORS 415.011, has:
(a) Commenced voluntary liquidation or dissolution;
(b) Attempted to commence or prosecute an action or proceeding to liquidate its business or affairs;
(c) Commenced dissolving its corporate charter; or
(d) Commenced procuring the appointment of a receiver, trustee, custodian, or sequestrator; or
(3) Is insolvent.