Oregon Code § 70.305·Enacted ·Last updated March 01, 2026
Statute Text
Death,
incompetency, dissolution or termination of partner.
(1) If a partner who is an
individual dies or a court of competent jurisdiction adjudges the partner to be
incompetent to manage the partners person or property, the partners executor,
administrator, guardian, conservator or other legal representative may exercise
all the partners rights for the purpose of settling the partners estate or
administering the partners property, including any power the partner held to
give an assignee the right to become a limited partner.
(2) If a partner
is a corporation, trust or other entity and is dissolved or terminated, the
powers of that partner may be exercised by its legal representative or
successor. [1985 c.677 §44]
DISSOLUTION
Plain English Explanation
This Oregon statute addresses Death,
. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 70.305
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Death,
. 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 § 70.305. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.