{"data":{"id":"us-or/ors-78.5080","jurisdiction":"us-or","citation":"ORS 78.5080","heading":"Duty of securities intermediary to change entitlement holder’s position to other form of security holding.","body":"A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:\n      (1) The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or\n      (2) In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["02 - Business Organizations, Commercial Code","8. Commercial Transactions","Chapter 78 — Investment Securities"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors078.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"a4de4ae1397804dca00bcd19f05c099bb79142e76946bdb2d50833632e5251fb","source_id":"us-or","stale":false,"prev":"us-or/ors-78.5070","next":"us-or/ors-78.5090"},"notice":"GroundRules: Original legal text. Not legal advice."}