2021 Oregon Revised Statutes
Chapter 070 - Limited Partnerships
Section 70.265 - Rights of partner regarding distribution; remedies.


(2) When a partner becomes entitled to receive a distribution, the partner has the status of and is entitled to all remedies available to a creditor of the limited partnership with respect to the distribution. [1985 c.677 §§36,37; 1987 c.543 §24]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 02 - Business Organizations, Commercial Code

Chapter 070 - Limited Partnerships

Section 70.005 - Definitions.

Section 70.010 - Name of limited partnership; registration of assumed business name; application of other law.

Section 70.015 - Reservation of limited partnership name.

Section 70.025 - Registered agent; registered office; changing agent.

Section 70.030 - Change of address and resignation procedures for registered agent.

Section 70.040 - When Secretary of State to serve as agent; service on Secretary of State; when default may be entered.

Section 70.045 - Effect of ORS 70.020 to 70.040.

Section 70.050 - Records required in office in state; inspection.

Section 70.070 - Filing duty of Secretary of State.

Section 70.075 - Formation of limited partnership; certificate of limited partnership; rules.

Section 70.080 - Amendment of certificate.

Section 70.085 - Cancellation of certificate.

Section 70.090 - Execution of certificate.

Section 70.100 - Filing with Office of Secretary of State.

Section 70.105 - Remedy for false statements in certificate.

Section 70.125 - Date person becomes limited partner; admission of additional limited partner.

Section 70.135 - Liability of limited partner.

Section 70.140 - Liability of person who erroneously believes person is limited partner.

Section 70.145 - Powers of limited partner.

Section 70.180 - When person ceases to be general partner.

Section 70.185 - Rights, restrictions and liabilities of general partner.

Section 70.230 - Obligation of partner.

Section 70.255 - Withdrawal of partner.

Section 70.265 - Rights of partner regarding distribution; remedies.

Section 70.270 - Limit on distribution.

Section 70.275 - Liability of partner who receives return of contribution.

Section 70.300 - Assignee of partnership interest as limited partner.

Section 70.305 - Death, incompetency, dissolution or termination of partner.

Section 70.325 - When dissolution occurs.

Section 70.340 - Distribution of assets.

Section 70.350 - Law applicable to foreign limited partnership.

Section 70.355 - Registration of foreign limited partnership; rules.

Section 70.375 - Cancellation of registration.

Section 70.380 - Registration prerequisite to suing in state; effect on contracts, liability; agent.

Section 70.405 - Status of plaintiff.

Section 70.430 - Grounds for administrative action to inactivate certificate or registration of limited partnership.

Section 70.435 - Notice of administrative inactivation; effect of inactivation on authority of registered agent.

Section 70.440 - Reinstatement following administrative inactivation.

Section 70.500 - Definitions for ORS 70.500 to 70.540.

Section 70.505 - Conversion.

Section 70.510 - Action on plan of conversion.

Section 70.515 - Articles and plan of conversion.

Section 70.520 - Effect of conversion; assumed business name.

Section 70.525 - Merger.

Section 70.530 - Action on plan of merger.

Section 70.535 - Articles and plan of merger.

Section 70.540 - Effect of merger.

Section 70.605 - Application to partnerships existing prior to July 1, 1986.

Section 70.610 - Annual report; updates; rules.

Section 70.620 - Correction of documents; effective date of correction.

Section 70.990 - Penalty for signing false document.