Chapter 29 Oregon Laws 2001

AN ACT

SB 367

Relating to direct deposit of state payroll; amending ORS 292.042; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. ORS 292.042 is amended to read:

292.042. (1) Notwithstanding the provisions of ORS 292.039 or any other law, any state official authorized to disburse funds in payment of salaries or wages of state officers or employees is authorized, upon written request of state officers or employees to whom salaries and wages are to be paid, and may pay the same to any financial institution designated by the officers or employees for credit to their accounts. A single [check] payment may be [drawn] issued in favor of such financial institution, for the total amount due the officers or employees involved, and written directions provided to such financial institution of the amount to be credited to the account of each officer or employee. Financial institutions permitted to participate in the payroll program shall be those only which are qualified state depositories as provided by ORS 295.005 to 295.165.

(2) The issuance and delivery by the disbursing officer of a [check] payment in accordance with the procedure set forth in subsection (1) of this section and proper [indorsement] acceptance thereof by the financial institution shall constitute full acquittance for the amount due to the officer or employee.

SECTION 2. This 2001 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2001 Act takes effect on its passage.

Approved by the Governor April 4, 2001

Filed in the office of Secretary of State April 4, 2001

Effective date April 4, 2001

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