Oregon Revised Statutes Chapter 97 § 97.942 — Appointment of receiver; criteria

Appointment of receiver; criteria. (1) The Attorney General, on behalf of the Director of the Department of Consumer and Business Services, may petition the circuit courts of this state for appointment of a receiver for a certified provider or entity acting as a certified provider without certification. (2) If the court determines that a receivership is necessary or advisable, the court shall appoint a receiver: (a) When a receiver would ensure the orderly and proper conduct of a certified provider’s professional business and affairs during or in the aftermath of an administrative proceeding to revoke or suspend the certified provider; (b) When a receiver would protect the public’s interest and rights in the business, premises or activities of the certified provider or entity sought to be placed in receivership; (c) Upon a showing of serious and repeated violations of ORS 97.923 to 97.949 demonstrating an inability or unwillingness to comply with the provisions of ORS 97.923 to 97.949; (d) When a receiver would prevent loss, wasting, dissipation, theft or conversion of assets that should be marshaled and held available for the honoring of obligations under ORS 97.923 to 97.949; or (e) When the court receives proof of other grounds that the court deems good and sufficient for instituting receivership action concerning the certified provider or entity sought to be placed in receivership. (3)(a) A receivership under this section may be temporary or for the winding up and dissolution of a business, as the director may request and the court determines to be necessary or advisable in the circumstances. (b) Venue of receivership proceedings may be, at the director’s request, in Marion County or the county where the subject of the receivership is located. The appointed receiver shall be the director or a person that the director nominates and that the court approves. (c) The director may expend money from budgeted funds or the Funeral and Cemetery Consumer Protection Trust Fund to implement a receivership. Any expenditures are a claim against the estate in the receivership proceedings. [2007 c.661 §24; 2012 c.7 §9] Note: See note under 97.923.