Oregon — State Statute

Oregon Revised Statutes Chapter 74 § 74.1080 — Time

Oregon Revised Statutes Chapter 74 ·
Oregon Code § 74.1080 · Enacted · Last updated March 01, 2026
Statute Text
Time of receipt of items. (1) For the purpose of allowing time to process items, prove balances and make the necessary entries on its books to determine its position for a day, a bank may fix an afternoon hour of 2 p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books. (2) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day. [1961 c.726 §74.1080; 1993 c.545 §79]
Plain English Explanation
This Oregon statute addresses Time . AI-powered analysis coming soon.
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This section of Oregon law addresses Time . 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 § 74.1080. Use this format in legal documents and court filings.
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