Oregon — State Statute

Oregon Revised Statutes Chapter 711 § 711.655 — Use of

Oregon Revised Statutes Chapter 711 ·
Oregon Code § 711.655 · Enacted · Last updated March 01, 2026
Statute Text
Use of suspended deposits to pay indebtedness of depositor. 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]
Plain English Explanation
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Key Points
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This section of Oregon law addresses Use of . Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 711.655. Use this format in legal documents and court filings.
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