Oregon Revised Statutes Chapter 711 § 711.415 — Receiving deposits in excess of insurance while insolvent
Oregon Revised Statutes Chapter 711 ·
Oregon Code § 711.415·Enacted ·Last updated March 01, 2026
Statute Text
Receiving deposits in excess of insurance while insolvent.
A director, officer or employee of
an Oregon stock bank shall not receive or permit to be received any deposit in
excess of the insurance that the Oregon stock bank holds for its deposits under
ORS 708A.405, if the director, officer or employee knows that the Oregon stock
bank is insolvent. [Amended by 1973 c.797 §253; 1985 c.786 §41; 1997 c.631 §243]
Plain English Explanation
This Oregon statute addresses Receiving deposits in excess of insurance while insolvent. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 711.415
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Receiving deposits in excess of insurance while insolvent. Read the full statute text above for details.
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The formal citation is Oregon Code § 711.415. Use this format in legal documents and court filings.
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