Oregon Statutes 37.040 – Applicability
(1) Except as otherwise provided by law, the Oregon Receivership Code applies to all receiverships initiated in a court of this state, except for:
Terms Used In Oregon Statutes 37.040
- Statute: A law passed by a legislature.
(a) Actions in which a state agency or officer is expressly authorized by statute to seek or obtain the appointment of a receiver; and
(b) Actions authorized by or commenced under federal law.
(2) In cases in which a state agency or officer is expressly authorized by statute to seek or obtain the appointment of a receiver, the state agency or officer may elect, when seeking appointment, for the receivership to be governed by the provisions of the Oregon Receivership Code.
(3) Except as otherwise provided by law, the provisions of the Oregon Receivership Code control over conflicting provisions of state law, including ORCP 80, with respect to receiverships governed by the Oregon Receivership Code. [2017 c.358 § 4]
Section 42, chapter 358, Oregon Laws 2017, provides:
Sections 2 to 41 of this 2017 Act [37.020 to 37.410] apply to receiverships in which the receiver is appointed on or after the effective date of this 2017 Act [January 1, 2018]. [2017 c.358 § 42]