The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers, and all other persons interested in its estate, shall, unless otherwise directed by the court, be fixed as of the date on which the order directing the liquidation of the insurer is filed in the office of the clerk of the court which makes the order, subject to the provisions of ORS § 734.380 with respect to the rights of claimants holding contingent claims. [1967 c.359 § 288]

Terms Used In Oregon Statutes 734.340

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.