Oregon — State Statute

Oregon Revised Statutes Chapter 711 § 711.600 — Liquidation expenses

Oregon Revised Statutes Chapter 711 ·
Oregon Code § 711.600 · Enacted · Last updated March 01, 2026
Statute Text
Liquidation expenses. The expenses incurred by the Director of the Department of Consumer and Business Services in the liquidation of an institution include the expenses of all employees of the Department of Consumer and Business Services employed in the liquidation, reasonable attorney fees for counsel employed by the director in the course of the liquidation, and stationery, rent, postage, telephone, telegraph and other office and traveling expense. The compensation of the employees and the expense of supervision and liquidation shall be fixed by the director, subject to the approval of the supervising court. The supervising court shall not increase the compensation or expenses over the amount fixed by the director. [Amended by 1973 c.797 §290; 1985 c.762 §44]
Plain English Explanation
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This section of Oregon law addresses Liquidation expenses. 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 § 711.600. Use this format in legal documents and court filings.
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