This legal document, part of the Oregon Revised Statutes, specifically pertains to the area of Bank Deposits and Collections within the Commercial Transactions - Chapters 71-84. It outlines the responsibilities and obligations of banks and their customers regarding the handling of statements of account and payment of items. The document states that banks must either return or provide sufficient information to customers regarding the items paid, and if the items are not returned, the bank must retain them or maintain legible copies for a period of seven years.

This legal document pertains to the administration and enforcement of banking laws in Oregon. It establishes the responsibilities of the Director of the Department of Consumer and Business Services in receiving and filing reports required by the Bank Act. The document also governs the confidentiality of reports, records, and compliance review documents related to financial institutions. It outlines the authority of the Director to conduct examinations of banking institutions and non-Oregon institutions to assess their condition, resources, and compliance with laws.

The provided legal document content consists of various provisions and definitions related to the Uniform Commercial Code (UCC). It covers general provisions, definitions, notice and knowledge in legal transactions, distinction between lease and security interest, giving value for rights, reasonableness of time for taking action, presumption of facts, territorial applicability and choice of law, variation of provisions through agreement, course of performance, course of dealing, and usage of trade, obligation of good faith, remedies, discharge of claims, authentication of documents, reservation of rights, power to accelerate payment or performance, and subordination of obligations.

The provided legal document content covers two main areas: the establishment and operation of branches by banking institutions within or outside the state of Oregon, and the use of automated teller machines (ATMs) and night deposit facilities. For the establishment of branches, banking institutions must file a notice with the Director of the Department of Consumer and Business Services at least 30 days before establishing a branch, providing details such as the institution’s name, proposed location, and start date of operations.

The provided legal document content pertains to the licensing and regulation of money transmission in Oregon. It defines various terms related to money transmission and establishes the scope of the document. It specifies that any person, except those exempt under ORS 717.210, must obtain a license issued by the Director of the Department of Consumer and Business Services to conduct a money transmission business. The document outlines the requirements for licensees, including maintaining a minimum net worth, being in good standing in the state of incorporation, and possessing permissible investments.

The provided legal document content pertains to the Oregon Revised Statutes governing credit unions. It covers various aspects of credit union organization, operation, membership, governance, and financial transactions. The documents define terms related to credit unions and establish the legal framework for credit unions in Oregon. They outline the procedure for organizing a credit union, the requirements for obtaining a certificate of approval, the powers and duties of credit union directors and committees, the rights and obligations of credit union members, and the rules for conducting credit union operations.

This legal document, part of the Oregon Revised Statutes, specifically governs leases in commercial transactions. It provides definitions for various terms used in the context of lease contracts and references other definitions applicable to this chapter. The document also outlines the rights and obligations of lessors and lessees, including the duties of a merchant lessee regarding rightfully rejected goods. It addresses the remedies available to lessees in case of default or breach of warranty, as well as the determination of damages based on market rent.

This legal document, as defined in the Oregon Revised Statutes, governs negotiable instruments, conversion of instruments, presentment, dishonor of notes and unaccepted drafts, obligations of indorsers and drawers, excusal of presentment and notice of dishonor, evidence of dishonor, discharge of obligations, payment of negotiable instruments, tender of payment, and discharge of indorsers and accommodation parties. It provides definitions for various terms used in the Oregon Revised Statutes related to negotiable instruments in commercial transactions.

This legal document, part of the Oregon Revised Statutes, specifically governs bank deposits and collections in commercial transactions. It provides definitions for various terms used in this chapter and clarifies the scope of control. The document outlines the responsibilities and obligations of collecting banks in the collection of items, including the exercise of ordinary care and the handling of items for presentment, payment, collection, or return. It also addresses the warranties provided by customers and collecting banks when transferring an item and receiving settlement or other consideration.

This legal document, part of the Oregon Revised Statutes, specifically Chapter 71-84 on Commercial Transactions, governs payment orders in commercial transactions. It provides definitions for key terms such as ‘beneficiary,’ ‘beneficiary’s bank,’ ‘payment order,’ ‘receiving bank,’ and ‘sender.’ A payment order is an instruction from a sender to a receiving bank to pay a fixed or determinable amount of money to a beneficiary. The instruction must not state any condition for payment other than the time of payment, and the receiving bank is reimbursed by debiting an account of the sender.