Oregon Revised Statutes Chapter 125 § 125.540 — Payment of debt and delivery of property to foreign conservator
Oregon Revised Statutes Chapter 125 ·
Oregon Code § 125.540·Enacted ·Last updated March 01, 2026
Statute Text
Payment of debt and delivery of property to foreign conservator.
(1) A person indebted to a
protected person, or having possession of property or of an instrument
evidencing a debt, stock or chose in action belonging to a protected person,
may make payment or delivery to a conservator, guardian or other fiduciary appointed
by a court of the state where the protected person resides, upon being
presented with proof of appointment and an affidavit made by the fiduciary
stating that:
(a) A protective
proceeding relating to the protected person is not pending in this state; and
(b) The fiduciary
is entitled to payment or to receive delivery.
(2) If the person
to whom the affidavit is presented is not aware of any protective proceeding
pending in this state, payment or delivery in response to the demand and
affidavit discharges the debtor or possessor. [1995 c.664 §62]
TEMPORARY FIDUCIARIES
Plain English Explanation
This Oregon statute addresses Payment of debt and delivery of property to foreign conservator. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 125.540
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Payment of debt and delivery of property to foreign conservator. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 125.540. Use this format in legal documents and court filings.
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