Oregon Statutes 114.435 – Power to avoid transfers
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The property liable for the payment of expenses of administration, funeral expenses, claims and taxes shall include property transferred by the decedent with intent to defraud the creditors of the decedent or transferred by any means which is in law void or voidable as against the creditors of the decedent. The right to recover that property so far as necessary for the payment of those expenses, claims and taxes is in the personal representative, who shall take necessary steps to recover it. That property constitutes general assets for the payment of creditors. [1969 c.591 § 140]
Terms Used In Oregon Statutes 114.435
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Decedent: A deceased person.
[Repealed by 1969 c.591 § 305]
WRONGFUL DEATH CLAIMS AND ESTATES WITH PERSONAL INJURY CLAIMS
(Generally)