Oregon Statutes 711.655 – Use of suspended deposits to pay indebtedness of depositor
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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]
