Oregon Statutes 130.435 – Applicability of time limitations to certain claims based on liens against property and liability of settlor or trustee
Current as of: 2023 | Check for updates
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The statutes of limitations and time limitations provided by ORS § 130.350 to 130.450 do not affect:
Terms Used In Oregon Statutes 130.435
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Trustee: A person or institution holding and administering property in trust.
(1) Any proceeding to enforce a mortgage, pledge or other lien upon property of the trust estate;
(2) Any proceeding to quiet title or reform any instrument with respect to title to property; or
(3) To the limits of the insurance protection only, any proceeding to establish liability of the settlor or the trustee for which the settlor or trustee is protected by liability insurance at the time the proceeding is commenced. [Formerly 128.294]