Oregon Statutes 708A.445 – Checks of intoxicated, drugged or financially exploited persons
Current as of: 2023 | Check for updates
|
Other versions
An insured institution may refuse to pay any check, draft or order drawn upon the insured institution if the officers or employees of the insured institution have reason to believe that the person signing or indorsing the instrument was the victim of financial exploitation, as defined in ORS § 124.050, or was so under the influence of liquor, drugs or controlled substances or otherwise so incapacitated as to make it reasonably doubtful whether the person was capable of transacting business at the time of signing or indorsing the check, draft or order. [1997 c.631 § 170; 2015 c.244 § 52]
Terms Used In Oregon Statutes 708A.445
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100