Oregon Revised Statutes Chapter 116 § 116.153 — Right
Oregon Revised Statutes Chapter 116 ·
Oregon Code § 116.153·Enacted ·Last updated March 01, 2026
Statute Text
Right
of offset and retainer.
The amount of the indebtedness of a distributee to the estate if due, or its
present worth if not due, shall be offset against the interest of the
distributee in the estate; but the distributee has the benefit of any defense
that would be available to the distributee in a direct proceeding for recovery
of the debt. The right of offset and retainer is prior and superior to the
rights of judgment creditors, heirs or assignees of the distributee. [1969
c.591 §182]
Plain English Explanation
This Oregon statute addresses Right
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 116.153
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Right
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The formal citation is Oregon Code § 116.153. Use this format in legal documents and court filings.
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