Oregon Code § 18.795·Enacted ·Last updated March 01, 2026
Statute Text
Setoff
for amounts owing to financial institution.
In addition to such rights as the garnishee may have
at law or in equity, a garnishee who is a financial institution may, following
delivery of a writ of garnishment to the garnishee, set off such sums as are
due from the debtor at the time the writ of garnishment is delivered. A
garnishee may not set off any amounts that are not otherwise due to be paid but
that have been accelerated after the delivery of a writ of garnishment.
Notwithstanding any other provision of ORS 18.600 to 18.850, such a garnishee shall
have no obligation to remit any sums upon the garnishment that the garnishee
has set off pursuant to this section. A garnishee who sets off amounts pursuant
to this section shall disclose the fact and the amount of the setoff in the
garnishee response required by ORS 18.680, and must certify in the response
that the amount set off by the garnishee was due from the debtor to the
garnishee at the time the writ was delivered. [2001 c.249 §56a]
Plain English Explanation
This Oregon statute addresses Setoff
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 18.795
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Setoff
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The formal citation is Oregon Code § 18.795. Use this format in legal documents and court filings.
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