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Oregon · Through 2025 Edition

ORS 708A.670: Definitions for ORS 708A.670 and 708A.675.

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Where this section sits in the code
  1. 18 - Financial Institutions, Insurance
  2. 53. Financial Institutions
  3. Chapter 708A — Regulation of Institutions Generally

As used in this section and ORS 708A.675:

      (1) “Financial exploitation” has the meaning given that term in ORS 124.050.

      (2) “Financial institution” means a financial institution or a trust company as those terms are defined in ORS 706.008.

      (3) “Law enforcement agency” has the meaning given that term in ORS 124.050.

      (4) “Vulnerable person” has the meaning given that term in ORS 124.100.

      (5) “Vulnerable person’s account” means a contract of deposit of funds between a depositor and a financial institution where:

      (a) The account is owned by a vulnerable person, whether individually or with one or more other persons; or

      (b) A vulnerable person is a beneficiary of the account, including of a formal or informal trust account, a payable on death account, a conservatorship account or a guardianship account.

Collected 2026-09-03T23:50:17Z. Source file · JSON

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