2015 Oregon Revised Statutes
Volume : 16 - Financial Institutions, Insurance
Chapter 711 - Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
Section 711.410 - Transfer of assets after commission of act of insolvency or in contemplation of insolvency; exceptions.

OR Rev Stat § 711.410 (2015) What's This?

Except for transfers of public funds or securities that a depository, as defined in ORS 295.001, or the State Treasurer must make under ORS 295.001 to 295.108, transfers of assets made after the commission of an act of insolvency or in contemplation of insolvency to prevent the application of the assets in the manner prescribed by the Bank Act or to the preference of one creditor to another are void.

[Amended by 1973 c.797 §252; 2007 c.871 §32; 2010 c.101 §28]

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