A credit union may certify a share draft issued by the credit union. A credit union that certifies a share draft may immediately charge the amount of the share draft to the drawer’s share draft account.
ORS 723.447
Known as the Oregon Credit Union Act
The act spans §§ 723–723 (180 sections).
1985 c.206 §5; 1987 c.286 §7; 1999 c.185 §41
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.