(1) To the extent that items within this chapter are also within ORS chapters 73 and 78, they are subject to those chapters. If there is conflict, this chapter and ORS chapter 78 govern ORS chapter 73.
(2) The liability of a bank for action or nonaction with respect to an item handled by it for purposes of presentment, payment or collection is governed by the law of the place where the bank is located. In the case of action or nonaction by or at a branch or separate office of a bank, its liability is governed by the law of the place where the branch or separate office is located. [1961 c.726 §74.1020; 1993 c.545 §73; 1995 c.79 §25]
Section: Previous 74.500 74.510 74.520 74.530 74.540 74.550 74.1010 74.1020 74.1030 74.1040 74.1050 74.1060 74.1070 74.1080 74.1090 NextLast modified: August 7, 2008