Oregon Code § 37.400·Enacted ·Last updated March 01, 2026
Statute Text
Removal
of receiver.
(1)
On motion of the owner, the receiver or any creditor, or on the courts own
motion, the court shall remove a receiver if the receiver resigns or refuses or
fails to serve for any reason, or for other good cause.
(2) Upon removal
of the receiver, the court shall appoint a successor receiver if the court
determines that further administration of the estate is required. Upon
appointment, the successor receiver immediately takes possession of the estate
and assumes the duties of receiver.
(3) If the court
is satisfied that a replaced receiver has fully accounted for and turned over
to the successor receiver all of the property of the estate and has filed a
report of all receipts and disbursements during the persons tenure as
receiver, the court shall, after notice to all persons on the special notice
list and hearing, enter an order discharging the replaced receiver from all
further duties and responsibilities as receiver. [2017 c.358 §40]
Plain English Explanation
This Oregon statute addresses Removal
. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 37.400
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Removal
. 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 § 37.400. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.