Oregon Law
Law as of Jan 1, 2026
Chapter contents
101.010Policy 101.020Definitions 101.030Registration of continuing care retirement community providers 101.040Registration fees 101.050Preparation of disclosure statement by provider; notice and review of statement by prospective residents; contents of statement 101.052Annual disclosure statement 101.055[1997 c.633 §2; 2009 c.201 §4; renumbered 101.112 in 2009] 101.060Provider to maintain financial reserves; amount; escrow account; withdrawal from reserves 101.065Provider liquidation; resident claims preferred 101.070Escrow account required for registration of new continuing care retirement community; entrance fees in escrow; use of escrow funds 101.080When resident eligible for refund of entrance fee; notice to resident 101.090Exemption of closed bed facilities from certificate of need review; exception 101.100Transfer of registration 101.110Revocation of registration; findings 101.112Required meetings with residents; notice of change in fees or services 101.115Resident rights 101.120Power of department to prevent violations; cease and desist order; injunction 101.130[1989 c.693 §9; 2009 c.201 §10; renumbered 101.052 in 2009] 101.140Advisory council; membership; compensation; duties 101.150Duties of Department of Human Services; complaint procedure; rules 101.160Short title

Chapter 101 — Continuing Care Retirement Communities

ORS 101.065 Provider liquidation; resident claims preferred

If the provider is liquidated, the claims of residents arising under residency agreements shall be preferred claims having priority over other unperfected claims against provider assets.

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Provenance

Version history

2026-01-01

2025 Oregon Revised Statutes — official online source