{"data":{"id":"us-or/ors-295.012","jurisdiction":"us-or","citation":"ORS 295.012","heading":"State Treasurer rule setting maximum liability for qualified credit union depositories.","body":"For any period of time during which fewer than 10 credit unions are qualified depositories, the State Treasurer, notwithstanding ORS 295.001 (14), by rule may set the maximum liability for a credit union that holds uninsured public funds at 20 percent of the greater of:\n      (1) All uninsured public funds deposits the credit union holds, as shown on the date of the credit union’s most recent treasurer’s report; or\n      (2) The average of the balances of all uninsured public funds deposits the credit union holds, as shown on the credit union’s last two immediately preceding treasurer reports.","path":["07 - Public Facilities and Finance","28. Public Financial Administration","Chapter 295 — Depositories of Public Funds and Securities"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors295.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:13Z","sha256":"2202bd09c7eb4573376949f169112688a01366383ec4a99444ab173a41389df0","source_id":"us-or","stale":false,"prev":"us-or/ors-295.011","next":"us-or/ors-295.013"},"notice":"GroundRules: Original legal text. Not legal advice."}