(1) The name of a person who is a depositor or debtor of a bank and the amount of the person’s deposit or debt are confidential as provided in ORS § 705.137. The Director of the Department of Consumer and Business Services or any other person employed by the Department of Consumer and Business Services shall not knowingly disclose the name of a person who is a depositor or debtor of a bank, or the amount of the person’s deposit or debt, except that the director or the employee may disclose such information as may be required under ORS § 706.720 (5) or as may be necessary in the performance of the director’s or employee’s official duty including any duty under ORS § 295.018.

(2) Subsection (1) of this section does not prohibit disclosure of the name of any debtor or the amount of the person’s debt included in reports that are filed under ORS § 706.655, if the reports were filed by a banking institution that has been liquidated or is in the process of being liquidated under ORS § 711.400 to 711.615 and if disclosure is otherwise allowed under ORS § 706.720. [Amended by 1973 c.797 § 45; 1975 c.515 § 7; 1985 c.762 34,34a; 1985 c.786 § 15; 1993 c.318 § 9; 1997 c.631 § 20; 2001 c.377 § 23]

[Amended by 1963 c.195 § 2; 1963 c.580 § 81; 1973 c.797 § 46; repealed by 1985 c.762 § 196]