ORS § 708A.320

Current through 2024 Regular Session legislation
Section 708A.320 - Obligations secured by shipping documents

In addition to obligations permitted under ORS 708A.295, an Oregon commercial bank may make loans to or acquire other obligations of a person without regard to amount, provided the obligations are fully secured by shipping documents conveying or securing title to goods or commodities in process of shipment.

ORS 708A.320

1997 c.631 §149