Oregon Statutes 314.520 – State agency authority over certain electronic funds transfer payments
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ORS § 314.505, 314.518 and 316.198 do not alter the authority under ORS § 293.525 of a state agency to require by rule that certain payments to the agency be made by electronic funds transfer. [1997 c.299 § 6; 2001 c.114 § 39; 2005 c.28 § 2]
Terms Used In Oregon Statutes 314.520
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
314.520 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS Chapter 314 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.