Oregon Administrative Rules
Chapter 170 - OREGON STATE TREASURY
Division 40 - PUBLIC FUNDS COLLATERALIZATION RULES
Section 170-040-0060 - Accounts in Financial Institutions Outside Oregon
Universal Citation: OR Admin Rules 170-040-0060
Current through Register Vol. 63, No. 9, September 1, 2024
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.
Stat. Auth.:
Stats. Implemented: ORS 295.205(2)
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