Oregon Revised Statutes Chapter 323 § 323.125 — Liquidation of security to pay delinquency
Oregon Revised Statutes Chapter 323 ·
Oregon Code § 323.125·Enacted ·Last updated March 01, 2026
Statute Text
Liquidation of security to pay delinquency.
Upon receipt of a certificate of the Department of
Revenue setting forth the amount of a distributors delinquencies, the State
Treasurer shall pay to the department the amount so certified from the money
deposited with the State Treasurer by the distributor or from the amounts
received from the sale of bonds or other obligations deposited with the State
Treasurer by the distributor. Securities deposited with the State Treasurer
which have a prevailing market price may be sold by the State Treasurer for the
purposes of this section at private sale at a price not lower than the
prevailing market price thereof. [1965 c.525 §38]
Plain English Explanation
This Oregon statute addresses Liquidation of security to pay delinquency. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 323.125
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Liquidation of security to pay delinquency. Read the full statute text above for details.
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The formal citation is Oregon Code § 323.125. Use this format in legal documents and court filings.
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