Oregon Statutes - Chapter 708A - Regulation of Institutions Generally - Section 708A.605 - Separate accounts for foreign branches.

An institution shall maintain the accounts of each foreign branch independently of the accounts of other foreign branches established by it and of its home office. At the end of each year, the profit or loss accrued at each branch shall be transferred to the general ledger as a separate item. [1997 c.631 §196]

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Last modified: August 7, 2008