Oregon Statutes - Chapter 783 - Liabilities and Offenses Connected With Shipping and Navigation; Shipbreaking; Ballast Water - Section 783.160 - Sale of appurtenances for fractional share of boat or vessel.

If it appears to the court in which the action is pending, or the judge thereof, that the liens against the boat or vessel can be satisfied by a sale of the tackle, apparel and furniture, or a part thereof, or a fractional share in such boat or vessel, the court or judge may modify the order of sale accordingly. If in pursuance of such order a sale is made of a fractional share in such boat or vessel, the purchaser shall hold such share jointly with the other owners.

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Last modified: August 7, 2008