GroundRules
ORS 783.150: Distribution of proceeds of sale.
Where this section sits in the code
- 19 - Utilities, Vehicle Code, Watercraft, Aviation
- 58. Shipping and Navigation
- Chapter 783 — Liabilities and Offenses Connected With Shipping and Navigation; Shipbreaking; Ballast Water
In the distribution of the proceeds of sale, claims of a prior class shall be paid entire before any payment shall be made upon claims of a subsequent class. When the money to be applied to any class is insufficient to pay all the claims of that class, it shall be apportioned ratably among the claims of that class.
Collected 2026-09-03T23:50:18Z. Source file · JSON