ORS § 709.060

Current through 2024 Regular Session legislation

Section 709.060 - Primary liability of deposit

The deposit mentioned in ORS 709.030 is primarily liable for the malfeasance of a trust company as a fiduciary and is not liable for any debt or other obligation of the company until such malfeasance liability has been discharged.

ORS 709.060

Amended by 1973 c.797 §186; 1997 c.631 §206