OAR 170-040-0060

OAR 170-040-0060. Accounts in Financial Institutions Outside Oregon

Last amended: 2008Length: 60 wordsOfficial source
The Office of the State Treasurer may establish demand deposit accounts in financial institutions outside this state for the purpose of accepting deposits of funds related to the state investments in geographical areas respectively serviced by the institutions. Such accounts shall be deposited only in financial institutions that are well-capitalized according to the classifications of its primary federal regulatory authority.
OAR 170-040-0060: OAR 170-040-0060. Accounts in Financial Institutions Outside Oregon | Justis AI