Or. Admin. Code § 170-040-0060

Current through Register Vol. 64, No. 1, January 1, 2025
Section 170-040-0060 - Accounts in Financial Institutions Outside Oregon

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.

Or. Admin. Code § 170-040-0060

OST 2-2008, f. 6-27-08, cert. ef. 7-1-08

Stat. Auth.:

Stats. Implemented: ORS 295.205(2)