2011 Oregon Revised Statutes
ORS Volume 3, Chapters 90 - 130
ORS Chapter 115
115.075 Claims on debts not due.


OR Rev Stat § 115.075 (through Leg Sess 2011) What's This?

A claim on a debt not due, whether or not the creditor holds security therefor, may be presented as a claim on a debt due. If the claim is allowed, allowance shall be in an amount equal to the value of the debt on the date of allowance. The creditor, after allowance of the claim, may withdraw the claim without prejudice to other remedies. Payment on the basis of the amount allowed discharges the debt and the security, if any, held by the creditor therefor. [1969 c.591 147]

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