Oregon Statutes 709.070 – Right of action against deposit
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A person who suffers loss or damage because of the breach of any trust committed to a trust company may recover the amount of the loss or damage out of the moneys or securities deposited under ORS § 709.030 with the director by the trust company. [Amended by 1973 c.797 § 187; 1997 c.631 § 207]
Terms Used In Oregon Statutes 709.070
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100