Oregon § 415.405 Priority of special deposit claims

Oregon Statutes

§ 415.405 — Priority of special deposit claims

Oregon § 415.405

Vol.11

Title 34Human Services; Juvenile Code; Corrections

Ch. 415Regulation of Health Care Entities

This text of Oregon § 415.405 (Priority of special deposit claims) 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. § 415.405 (2026).

Text

The owners of special deposit claims against a coordinated care organization for which a receiver is appointed shall be given priority against their several special deposits in accordance with the provisions of the statutes governing the creation and maintenance of the deposits. If there is a deficiency in any deposit so that claims secured by the deposit are not fully discharged, the claimants may share in the general assets of the coordinated care organization after:

(1)The payment of claims of general creditors; and

(2)Claimants against other special deposits, who have received smaller percentages from their respective special deposits, have been paid percentages of their claims equal to the percentage paid from the special deposit.

Free access — add to your briefcase to read the full text and ask questions with AI

The owners of special deposit claims against a coordinated care organization for which a receiver is appointed shall be given priority against their several special deposits in accordance with the provisions of the statutes governing the creation and maintenance of the deposits. If there is a deficiency in any deposit so that claims secured by the deposit are not fully discharged, the claimants may share in the general assets of the coordinated care organization after:
(1) The payment of claims of general creditors; and
(2) Claimants against other special deposits, who have received smaller percentages from their respective special deposits, have been paid percentages of their claims equal to the percentage paid from the special deposit.