Compliance with the terms and conditions of ORS § 711.620 to 711.670 and orders and rules promulgated as a result of ORS § 711.620 to 711.670 is a complete defense to any suit or action brought by any depositor or creditor against an Oregon stock bank with respect to any deposit or contract liability. [1973 c.797 § 303; 1997 c.631 § 263]

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Terms Used In Oregon Statutes 711.670

  • Contract: A legal written agreement that becomes binding when signed.

 

PENALTIES