Oregon Statutes 114.295 – Discharge or devise in will of claim of testator
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The discharge or devise in a will of a claim of the testator against a personal representative or against any other person is of no effect as against creditors of the decedent. The claim shall be included in the inventory and for purposes of administration shall be regarded and treated as a specific devise of the amount of the claim. [1969 c.591 § 126]
Terms Used In Oregon Statutes 114.295
- Decedent: A deceased person.
- Devise: To gift property by will.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Testator: A male person who leaves a will at death.