Oregon law requires Co-Petitioners to obey a restraining order preventing them from dissipating (selling, destroying, removing, disposing of) real or personal property, making unilateral (without the agreement of the other party) changes to insurance policies, and making extraordinary expenditures. Expenditures that are necessary for the safety or welfare of the parties are not prohibited.
Oregon Co-Petitionerswinnowing nono or adult children) Notice of Statutory Restraining Order Preventing the Dissipation of Assets in Domestic Relations Actions is a document issued by the court which orders both parties in a domestic relations dispute to refrain from dissipating assets. This restraining order applies to both parties as part of a dissolution of marriage, legal separation, or annulment. The order prevents any person or entity from transferring, encumbering, hypothesizing, concealing, or in any way disposing of any property, real or personal, whether community, separate, or quasi-community, without a court order or written agreement signed by both parties. The notice is issued to both parties in the dispute and must be served on each party. There are two types of Oregon Co-Petitioners’ Notice of Statutory Restraining Order Preventing the Dissipation of Assets in Domestic Relations Actions; one for those with no children and one for those with adult children. The notice outlines the types of assets that are covered, the legal ramifications for violating the order, and the consequences for such violation.
