ORS § 708A.595

Current through 2024 Regular Session legislation
Section 708A.595 - Charging off personal property assets

An institution may not carry goods, as defined in ORS 79.0102, and chattels, as defined in ORS 87.142, that the institution owns on account of collecting the institution's debts on the institution's books for more than two years after acquiring the goods or chattels, unless the Director of the Department of Consumer and Business Services extends the two-year period.

ORS 708A.595

Amended by 2015 Ch. 244,§ 71, eff. 6/4/2015, op. 1/1/2016.
1997 c.631 §194