74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
HA to HB 2104
 
LC 423/HB 2104-1
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2104
 
               By COMMITTEE ON BUSINESS AND LABOR
 
                            March 19
 
  On page 2 of the printed bill, line 15, delete 'by
communicating in'.
  Delete line 16.
  In line 17, delete 'or other record on file prepared by an
employee of the institution'.
  In line 18, after the period delete the rest of the line and
lines 19 through 21 and insert 'The owner shall be deemed to have
consented to a renewal if:
  ' (a) The owner communicates in writing with the financial
institution or otherwise indicates consent as evidenced by a
memorandum or other record on file prepared by an employee of the
institution; or
  ' (b) The financial institution has sent an account statement
or other written or electronic statement pertaining to the
account by first class mail or by electronic mail and the
statement has not been returned to the financial institution and
the financial institution has not been notified that the
statement was undeliverable as addressed.
  ' (5) If the delivery of funds or property required by ORS
98.352 would result in a penalty or forfeiture in the payment of
interest from the delivery of the funds or property, the delivery
may be delayed until the time when no penalty or forfeiture would
result.'.
  In line 22, restore '(6)' and delete '(5)'.
  In line 29, restore '(7)' and delete '(6)'.
  In line 30, delete '(5)' and insert '(6)'.
  In line 36, delete '(7)' and insert '(8)'.
                         ----------