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The Oregon Administrative Rules contain OARs filed through September 15, 2014
 
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DEPARTMENT OF CONSUMER AND BUSINESS SERVICES,
DIVISION OF FINANCE AND CORPORATE SECURITIES

 

DIVISION 300

COMMODITIES

 

441-300-0010

Depository Receipts

(1) As used in ORS 645.020, an instrument evidencing receipt of precious metals must comply with ORS Chapter 77 (Warehouse Receipts, Bills of Lading and Other Documents of Title).

(2) In addition to stating the quantity, the receipt must state the quality of precious metal, which shall not be less than minimum investment fineness:

(a) In the case of the following metals minimum investment fineness is:

(A) Gold -- .995;

(B) Silver -- .999;

(C) Platinum -- .9995; and

(D) Paladium -- .999.

(b) In the case of the following metals in coin form, minimum investment fineness is:

(A) Gold -- .900;

(B) Silver -- .900;

(C) Platinum -- .999; and

(D) Paladium -- .999.

Stat. Auth: ORS 645.020 & 645.205
Stats. Implemented: ORS 645.020
Hist.: FCS 2-1987(Temp), f. 9-24-87, ef. 9-28-87; FCS 4-1988, f. 3-22-88, cert. ef. 3-25-88; FCS 1-1992, f. 1-31-92, cert. ef. 2-1-92

 

441-300-0020

Authorized Depositories

Pursuant to ORS 645.020(2)(a)(D), the Director designates the following depositories:

(1) Chase Manhattan Bank, 1 Chase Manhattan Plaza, New York, NY 10081.

(2) CitiBank, 399 Park Avenue, New York, NY 10043.

(3) Iron Mountain Depository Corporation, 26 Broadway, New York, NY 10004.

(4) Irving Trust Company, 1 Wall Street, New York, NY 10015.

(5) Republic National Bank of New York, 450 5th Avenue, New York, NY 10018.

(6) Swiss Bank Corporation, 4 World Trade Center, New York, NY 10048.

(7) Marine Midland Bank of New York, 130 Chambers Street, New York, NY 10007.

(8) Wilmington Trust Company, Rodney Square North, Wilmington, DE 19890.

(9) Bank of Delaware, 300 Delaware Avenue, Wilmington, DE 19899.

Stat. Auth: ORS 645.020 & 645.205
Stats. Implemented: ORS 645.020
Hist.: FCS 2-1987(Temp), f. 9-24-87, ef. 9-28-87; FCS 4-1988, f. 3-22-88, cert. ef. 3-25-88; FCS 1-1992, f. 1-31-92, cert. ef. 2-1-92

The official copy of an Oregon Administrative Rule is contained in the Administrative Order filed at the Archives Division, 800 Summer St. NE, Salem, Oregon 97310. Any discrepancies with the published version are satisfied in favor of the Administrative Order. The Oregon Administrative Rules and the Oregon Bulletin are copyrighted by the Oregon Secretary of State. Terms and Conditions of Use

Oregon Secretary of State • 136 State Capitol • Salem, OR 97310-0722
Phone: (503) 986-1523 • Fax: (503) 986-1616 • oregon.sos@state.or.us

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