The provisions of ORS 708A.465 to 708A.475 concerning beneficial ownership as between parties, or as between parties and P.O.D. payees or beneficiaries of multiple-party accounts, are relevant only to controversies between those persons and their creditors and other successors, and have no bearing on the power of withdrawal of those persons as determined by the terms of account contracts. The provisions of ORS 708A.485 to 708A.510 govern the liability of financial institutions that make payments pursuant thereto, and their setoff rights. [1997 c.631 §173]
Section: Previous 708A.425 708A.430 708A.435 708A.440 708A.445 708A.450 708A.455 708A.460 708A.465 708A.470 708A.475 708A.480 708A.485 708A.490 708A.495 NextLast modified: August 7, 2008