Section 18.787 - Liability of financial institution.

OR Rev Stat § 18.787 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) Delivery or refusal to deliver any funds that are not subject to garnishment under ORS 18.784 to a garnishor;

(2) Providing the notice required by this section to an account holder;

(3) Customary clearing and settlement adjustments made to a debtor’s account that affect the balance in the debtor’s account; and

(4) Any bona fide errors that occur under ORS 18.784 or 18.785 despite reasonable procedures implemented by the financial institution to prevent those errors. [2011 c.733 §5]