Oregon Revised Statutes Chapter 77 § 77.5080 — Warranties of collecting bank as to documents
Oregon Revised Statutes Chapter 77 ·
Oregon Code § 77.5080·Enacted ·Last updated March 01, 2026
Statute Text
Warranties of collecting bank as to documents.
A collecting bank or other
intermediary known to be entrusted with documents of title on behalf of another
or with collection of a draft or other claim against delivery of documents
warrants by the delivery of the documents only its own good faith and authority
even if the collecting bank or other intermediary has purchased or made
advances against the claim or draft to be collected. [1961 c.726 §77.5080; 2009
c.181 §84]
Plain English Explanation
This Oregon statute addresses Warranties of collecting bank as to documents. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 77.5080
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Warranties of collecting bank as to documents. Read the full statute text above for details.
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