Oregon Revised Statutes Chapter 783 § 783.150 — Distribution of proceeds of sale
Oregon Revised Statutes Chapter 783 ·
Oregon Code § 783.150·Enacted ·Last updated March 01, 2026
Statute Text
Distribution of proceeds of sale.
In the distribution of the proceeds of sale, claims of a prior class shall be
paid entire before any payment shall be made upon claims of a subsequent class.
When the money to be applied to any class is insufficient to pay all the claims
of that class, it shall be apportioned ratably among the claims of that class.
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 783.150
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Distribution of proceeds of sale. 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 § 783.150. Use this format in legal documents and court filings.
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