A claim on a debt not due, whether or not the creditor holds security for the claim, may be presented under ORS 130.350 to 130.450 as a claim on a debt due. If the claim is allowed, allowance shall be in an amount equal to the value of the debt on the date of allowance. The creditor, after allowance of the claim, may withdraw the claim without prejudice to other remedies. Payment on the basis of the amount allowed discharges the debt and the security, if any, held by the creditor for the claim. [Formerly 128.274]
Section: Previous 130.350 130.355 130.360 130.365 130.370 130.375 130.380 130.385 130.390 130.395 130.400 130.405 130.410 130.415 130.420 NextLast modified: August 7, 2008