ORS 18.348 Certain funds exempt when deposited in account; limitation
Subsection (1) of this section does not apply to any accumulation of funds greater than $7,500.
All funds that are exempt under federal law remain exempt when deposited in an
account in a financial institution as long as the exempt funds are reasonably identifiable.
The application of subsections (1) and
of this section is not affected by the commingling of exempt and nonexempt funds in an account. For the purpose of identifying exempt funds in an account, first in, first out accounting principles shall be used.
The provisions of this section do not affect the duties of a garnishee with respect to amounts in accounts that are not subject to garnishment under ORS 18.784.
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2023 Oregon Revised Statutes
Official online edition
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Version history
Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source2023 Oregon Revised Statutes · active · operative text
Official source