Oregon § 415.406 Priority of secured claims

Oregon Statutes

§ 415.406 — Priority of secured claims

Oregon § 415.406

Vol.11

Title 34Human Services; Juvenile Code; Corrections

Ch. 415Regulation of Health Care Entities

This text of Oregon § 415.406 (Priority of secured 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. § 415.406 (2026).

Text

The owner of a secured claim against a coordinated care organization for which a receiver has been appointed may surrender the security and file a claim as a general creditor, or the claim may be discharged by resort to the security, in which case the deficiency, if any, shall be treated as a claim against the general assets of the coordinated care organization on the same basis as claims of unsecured creditors.

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The owner of a secured claim against a coordinated care organization for which a receiver has been appointed may surrender the security and file a claim as a general creditor, or the claim may be discharged by resort to the security, in which case the deficiency, if any, shall be treated as a claim against the general assets of the coordinated care organization on the same basis as claims of unsecured creditors.