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Oregon Revised Statutes Financial Institutions § 708A.640

Current as of January 01, 2023 | Updated by Findlaw Staff

(1) An officer, director, agent or employee of an institution shall not ask for, receive or agree to receive any money, property or thing of value or of personal advantage, for:

(a) Procuring or endeavoring to procure for any person any loan from, or the purchase or discount of any paper, note, draft, check or bill of exchange by, the institution.

(b) Permitting any person to overdraw any account with the institution.

(2) An officer, director, stockholder, employee or agent of an institution shall not abstract or willfully misapply any of the property of the institution, or willfully misapply its credit.

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Cite this article: FindLaw.com - Oregon Revised Statutes Financial Institutions § 708A.640 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-53-financial-institutions/or-rev-st-sect-708a-640/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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