Endorsement and deposit of payment instruments.

  1. Law
  2. Oregon Revised Statutes
  3. Occupations
  4. Collection Agencies; Check-Cashing Businesses; Debt Management Service Providers
  5. Endorsement and deposit of payment instruments.

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(1) Endorse in the name of the business all payment instruments for which the business provided money, credit or any other thing of value; and

(2) Deposit or present for payment each such payment instrument not later than one business day following the date of the transaction. [2007 c.358 §9]


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