ORS 711.655: Use of suspended deposits to pay indebtedness of depositor.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
Nothing in ORS 711.620 to 711.670 prevents the assignment of a suspended deposit liability or the application of all or a part of a suspended deposit to payment at maturity of any indebtedness of the depositor to the Oregon stock bank that existed at the time the suspension became effective, but a deposit liability subsequently assigned may not be so applied. [1973 c.797 §300; 1997 c.631 §260]
This rule cites
- ORS 711.620 — resolved
- 711.670 — resolved
Cited by
No inbound citations found.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors711.html