ORS 415.281: Court order for rehabilitation or liquidation proceeding against CCO.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) Upon petition by the Oregon Health Authority under ORS 415.280, the court may issue the requested order immediately, ex parte and without hearing. The court in its order shall specify the duration of the order. The duration of an order shall be a period sufficient to enable the authority to ascertain the condition of the coordinated care organization. (2) On motion of the authority or the coordinated care organization against whom an order under this section is issued, or on the court’s own motion, the court may hold such hearings from time to time as the court determines are desirable, after such notice as it determines appropriate, and may extend, shorten or modify the terms of the order. (3) The court may vacate an order issued under this section if the court determines that the authority has not commenced a rehabilitation or liquidation proceeding within a reasonable time. (4) An order of the court directing a rehabilitation or liquidation proceeding vacates the order issued under this section. (5) Entry of a seizure order under this section does not constitute an anticipatory breach of any contract of the coordinated care organization. (6) At any time after a court issues an order under this section, the court may direct that notice of the order be given to a person if the court determines both of the following: (a) That the person was not notified of the hearing on the order and did not appear at the hearing. (b) That the interest of the person is or will be substantially affected by the order. [2019 c.478 §28]
Administrative rules citing this section
- OAR 410-141-5000: FINANCIAL SOLVENCY REGULATION: Definitions — implements
- OAR 410-141-5010: FINANCIAL SOLVENCY REGULATION: Procedure for General Financial Reporting and for Determining Financial Solvency Matters — implements
- OAR 410-141-5245: EXAMINATIONS: CCO Production of Books and Records — authority
This rule cites
- ORS 415.280 — resolved
Cited by
No inbound citations found.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors415.html