Oregon — State Statute

Oregon Revised Statutes Chapter 73 § 73.0306 — or by another person

Oregon Revised Statutes Chapter 73 ·
Oregon Code § 73.0306 · Enacted · Last updated March 01, 2026
Statute Text
or by another person. (2) The obligation of a party to pay the instrument is not discharged under subsection (1) of this section if: (a) A claim to the instrument under ORS 73.0306 is enforceable against the party receiving payment and: (A) Payment is made with knowledge of the payor that payment is prohibited by injunction or similar process or a court of competent jurisdiction; or (B) In the case an instrument other than a cashier’s check, teller’s check or certified check, the party making payment accepted, from the person having a claim to the instrument, indemnity against loss resulting from refusal to pay the person entitled to enforce the instrument; or (b) The person making payment knows that the instrument is a stolen instrument and pays a person it knows is in wrongful possession of the instrument. [1993 c.545 §68]
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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 § 73.0306. Use this format in legal documents and court filings.
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