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Oregon · Through 2025 Edition

ORS 709.080: Charges for handling securities; collection procedure.

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Where this section sits in the code
  1. 18 - Financial Institutions, Insurance
  2. 53. Financial Institutions
  3. Chapter 709 — Regulation of Trust Business

(1) The Director of the Department of Consumer and Business Services may charge a reasonable amount for any expenses incurred and services rendered in connection with deposits of securities.

      (2) If a trust company does not, after due notice, pay to the director any charge assessed against it under this section, the director may:

      (a) Apply in payment of the charges, with interest at the legal rate, as much as necessary of the interest or other earnings accruing on any securities deposited with the director; or

      (b) Report the facts to the Attorney General, who shall, in the name of the director, institute appropriate action against the trust company.

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

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