{"data":{"id":"us-or/ors-74.1060","jurisdiction":"us-or","citation":"ORS 74.1060","heading":"Payable through or payable at bank; collecting bank.","body":"(1) If an item states that it is “payable through” a bank identified in the item:\n      (a) The item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and\n      (b) The item may be presented for payment only by or through the bank.\n      (2) If an item states that it is “payable at” a bank identified in the item:\n      (a) The item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and\n      (b) The item may be presented for payment only by or through the bank.\n      (3) If a draft names a nonbank drawee and it is unclear whether a bank named in the draft is a co-drawee or a collecting bank, the bank is a collecting bank.","path":["02 - Business Organizations, Commercial Code","8. Commercial Transactions","Chapter 74 — Bank Deposits and Collections"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors074.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"f5db4f8a84137c7ff4c2e25213aab9de1e06bd36487c1cb255c0c88564c179fb","source_id":"us-or","stale":false,"prev":"us-or/ors-74.1050","next":"us-or/ors-74.1070"},"notice":"GroundRules: Original legal text. Not legal advice."}