ORS § 415.406

Current through 2024 Regular Session legislation effective June 6, 2024
Section 415.406 - Priority of secured claims

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.

ORS 415.406

2019 c. 478, § 47