Oregon Revised Statutes Chapter 37 § 37.180 — When
Oregon Revised Statutes Chapter 37 ·
Oregon Code § 37.180·Enacted ·Last updated March 01, 2026
Statute Text
When
court order required.
(1) A receiver may not take any of the following actions unless the receiver,
after giving notice, obtains a court order specifically authorizing the action,
except as provided in subsection (2) of this section:
(a) Sale or other
disposition of real property;
(b) Use or
transfer of property outside the ordinary course of business;
(c) Sale of a
co-owners interest in jointly owned property;
(d) Assumption of
an executory contract;
(e) Obtaining
credit or incurring debt outside the ordinary course of business;
(f) Compromise or
settlement of a controversy that might affect the distribution to creditors
from the estate;
(g) Disallowance
of all or part of a claim against the estate; and
(h) Termination
of the receivership.
(2) For any
action described in subsection (1)(a) to (f) of this section, a court may
establish conditions under which a receiver may take the action without first
obtaining an order specifically authorizing the action, if the court finds that
the burden of seeking a court order is likely to outweigh the materiality of
the actions under those conditions. The court may establish such conditions in
the order appointing the receiver or in any other order. [2017 c.358 §18]
Plain English Explanation
This Oregon statute addresses When
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 37.180
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses When
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