{"data":{"id":"us-or/ors-475c.025","jurisdiction":"us-or","citation":"ORS 475C.025","heading":"Powers related to decedents and insolvent or bankrupt persons; rules.","body":"The Oregon Liquor and Cannabis Commission may, by rule or order, provide for the manner and conditions under which:\n      (1) Marijuana items left by a deceased, insolvent or bankrupt person or licensee, or subject to a security interest, may be foreclosed, sold under execution or otherwise disposed.\n      (2) The business of a deceased, insolvent or bankrupt licensee may be operated for a reasonable period following the death, insolvency or bankruptcy.\n      (3) A secured party, as defined in ORS 79A.1020, may continue to operate at a premises for which a license has been issued under ORS 475C.005 to 475C.525 or 475C.548 for a reasonable period after default on the indebtedness by the debtor.","path":["14 - Drugs and Alcohol, Fire Protection, Natural Resources","37. Alcoholic Liquors; Controlled Substances; Drugs","Chapter 475C — Cannabis Regulation"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors475C.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:15Z","sha256":"cab07ae7c94b82acf18e833975e855a7e637a18bbb446984c2d9b3cebce2d87e","source_id":"us-or","stale":false,"prev":"us-or/ors-475c.021","next":"us-or/ors-475c.027"},"notice":"GroundRules: Original legal text. Not legal advice."}