Oregon Statutes > Chapter 74 > Collection of Documentary Drafts
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Terms Used In Oregon Statutes > Chapter 74 > Collection of Documentary Drafts
- Customer: means a person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank. See Oregon Statutes 74.1040
- Documentary draft: means a draft to be presented for acceptance or payment if specified documents, certificated securities defined in ORS § 78. See Oregon Statutes 74.1040
- Draft: means a draft as defined in ORS § 73. See Oregon Statutes 74.1040
- Drawee: means a person ordered in a draft to make payment. See Oregon Statutes 74.1040
- 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.