Oregon Code § 37.040·Enacted ·Last updated March 01, 2026
Statute Text
Applicability.
(1)
Except as otherwise provided by law, the Oregon Receivership Code applies to
all receiverships initiated in a court of this state, except for:
(a) Actions in
which a state agency or officer is expressly authorized by statute to seek or
obtain the appointment of a receiver; and
(b) Actions
authorized by or commenced under federal law.
(2) In cases in
which a state agency or officer is expressly authorized by statute to seek or
obtain the appointment of a receiver, the state agency or officer may elect,
when seeking appointment, for the receivership to be governed by the provisions
of the Oregon Receivership Code.
(3) Except as
otherwise provided by law, the provisions of the Oregon Receivership Code
control over conflicting provisions of state law, including ORCP 80, with
respect to receiverships governed by the Oregon Receivership Code. [2017 c.358 §4]
Note:
Section 42, chapter 358, Oregon
Laws 2017, provides:
Sec. 42.
Sections 2 to 41 of this 2017 Act
[37.020 to 37.410] apply to receiverships in which the receiver is appointed on
or after the effective date of this 2017 Act [January 1, 2018]. [2017 c.358 §42]
Plain English Explanation
This Oregon statute addresses Applicability. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 37.040
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Applicability. 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 § 37.040. Use this format in legal documents and court filings.
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