Oregon Statutes
§ 711.525 — Interest on deposits after Oregon stock bank closes
Oregon § 711.525
JurisdictionOregon
Vol.18
Title 53Financial Institutions
Ch. 711Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
This text of Oregon § 711.525 (Interest on deposits after Oregon stock bank closes) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 711.525 (2026).
Text
Interest on unsecured interest-bearing deposits and on secured interest-bearing deposits other than public funds shall stop on the date any Oregon stock bank is placed in the hands of the Director of the Department of Consumer and Business Services for liquidation. Interest on public funds that are secured as provided in ORS chapter 295, shall continue at the rate being paid by the Oregon stock bank prior to the time it closed.
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Legislative History
Amended by 1973 c.797 §271; 1997 c.631 §251
Nearby Sections
15
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Bluebook (online)
Oregon § 711.525, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/711.525.