Section 709.120 - Substitution of deposit securities; income of securities deposited.

OR Rev Stat § 709.120 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(2) All interest, income or dividends from all securities deposited with the director belong to the depositing trust company, and if the trust company is solvent, it may receive and retain the interest, income or dividends. [Amended by 1973 c.797 §190; 1997 c.631 §209]