Oregon Law
Law as of Jan 1, 2026
Chapter contents
74A.1010Short title 74A.1020Subject matter 74A.1030Payment order; definitions 74A.1040Funds transfer; definitions 74A.1050Other definitions 74A.1060Time payment order is received 74A.1070Federal Reserve regulations and operating circulars 74A.1080Exclusion of consumer transactions covered by federal law; remittance transfers 74A.2010Security procedure 74A.2020Authorized and verified payment orders 74A.2030Unenforceability of certain verified payment orders 74A.2040Refund of payment and duty of customer to report with respect to unauthorized payment order 74A.2050Erroneous payment orders 74A.2060Transmission of payment order through funds transfer or other communication system 74A.2070Misdescription of beneficiary 74A.2080Misdescription of intermediary bank or beneficiary’s bank 74A.2090Acceptance of payment order 74A.2100Rejection of payment order 74A.2110Cancellation and amendment of payment order 74A.2120Liability and duty of receiving bank regarding unaccepted payment order 74A.3010Execution and execution date 74A.3020Obligations of receiving bank in execution of payment order 74A.3030Erroneous execution of payment order 74A.3040Duty of sender to report erroneously executed payment order 74A.3050Liability for late or improper execution or failure to execute payment order 74A.4010Payment date 74A.4020Obligation of sender to pay receiving bank 74A.4030Payment by sender to receiving bank 74A.4040Obligation of beneficiary’s bank to pay and give notice to beneficiary 74A.4050Payment by beneficiary’s bank to beneficiary 74A.4060Payment by originator to beneficiary; discharge of underlying obligation 74A.5010Variation by agreement and effect of funds-transfer system rule 74A.5020Creditor process served on receiving bank; setoff by beneficiary’s bank 74A.5030Injunction or restraining order with respect to funds transfer 74A.5040Order in which items and payment orders may be charged to account; order of withdrawals from account 74A.5050Preclusion of objection to debit of customer’s account 74A.5060Rate of interest 74A.5070Choice of law

Chapter 74A — Funds Transfers

ORS 74A.1070 Federal Reserve regulations and operating circulars

Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this chapter to the extent of the inconsistency.

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