§ 723.402 Shares
§ 723.406 Dividends
§ 723.412 Deposit and deposit certificate accounts; interest;
§ 723.426 Joint accounts
§ 723.432 Trust accounts
§ 723.434 Share draft accounts
§ 723.447 Certified share drafts
§ 723.450 Payment on shares and deposits; restriction on class of shares
§ 723.454 Liens
§ 723.460 Reduction in shares
§ 723.464 Deposits made in name of minor
§ 723.466 Disposition of deposit on death of depositor
§ 723.468 Adverse claim to deposit; notice; restraining order or other process; indemnity bond or letter of credit
§ 723.470 Checks drawn by agents presumed to be in authorized manner
§ 723.472 Checks of intoxicated or drugged persons
§ 723.474 Definitions for ORS 723.474 to 723.498
§ 723.476 Application of ORS 723.478, 723.480 and 723.482; liability and setoff rights of credit unions
§ 723.478 Ownership of multiple-party accounts
§ 723.480 Multiple-party accounts; disposition of deposit upon death of party or trustee; effect of will
§ 723.482 Rights of survivorship based on form of account; alteration of form of account
§ 723.484 Transfers of moneys upon death of depositor or trustee is not testamentary disposition
§ 723.486 Multiple party account; payment of deposit to one or more parties; credit union not required to determine source or use of funds in account
§ 723.488 Joint account; payment to any party to account; payment to others
§ 723.490 P.O.D. account; payment to any original party; payment to others
§ 723.492 Trust account; payment to trustee; payment to others
§ 723.494 Discharge of credit union for payments made; conditions
§ 723.496 Right of credit union to setoff; amount
§ 723.498 Designation of agent for account; powers of agent

Terms Used In Oregon Statutes > Chapter 723 > Accounts

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Assets: means property, a right or a claim with future objectively measurable value that is owned or effectively controlled by a credit union. See Oregon Statutes 723.001
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Decedent: A deceased person.
  • Department: means the Department of Consumer and Business Services. See Oregon Statutes 723.001
  • Dependent: A person dependent for support upon another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Intestate: Dying without leaving a will.
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Probate: Proving a will
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.