Oregon Statutes 697.722 – Execution or attachment of trust account funds
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Funds in a trust account that a debt management service provider maintains under ORS § 697.682 are not subject to execution or attachment on a claim against the debt management service provider. [1983 c.17 § 14; 2009 c.604 § 12]
Terms Used In Oregon Statutes 697.722
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
[1959 c.635 § 24; repealed by 1973 c.794 § 34]
[1959 c.635 § 25; repealed by 1981 c.631 § 2]