Oregon Statutes
§ 709.450 — Sale and disposition of securities to pay expenses, costs and claims
Oregon § 709.450
This text of Oregon § 709.450 (Sale and disposition of securities to pay expenses, costs and 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. § 709.450 (2026).
Text
The court hearing the proceedings instituted by the Director of the Department of Consumer and Business Services under ORS 709.390 may, upon terms fixed by the court, order the director to sell and reduce to cash the deposited securities as necessary to pay:
(1)The unpaid charges and expenses described in ORS 709.440; and
(2)Claims established against the deposit.
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Related
Legislative History
Amended by 1973 c.797 §215
Nearby Sections
15
§ 709.005
Certificate of authority to transact trust business; application; contents; fee; exceptions§ 709.010
§ 709.010§ 709.020
§ 709.020§ 709.040
Securities eligible for deposit§ 709.060
Primary liability of deposit§ 709.070
Right of action against deposit§ 709.090
§ 709.090§ 709.100
§ 709.100Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 709.450, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/709.450.