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2019 Oregon Revised Statutes
Volume : 11 - Juvenile Code, Human Services
Chapter 415 - Financial Regulation of Coordinated Care Organizations
Section 415.406 - Priority of secured claims.
Universal Citation: OR Rev Stat § 415.406 (2019)
The owner of a secured claim against a coordinated care organization for which a receiver has been appointed may surrender the security and file a claim as a general creditor, or the claim may be discharged by resort to the security, in which case the deficiency, if any, shall be treated as a claim against the general assets of the coordinated care organization on the same basis as claims of unsecured creditors. [2019 c.478 §47]
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