The Oregon Administrative Rules contain OARs filed through January 15, 2010

DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, DIVISION OF FINANCE AND CORPORATE SECURITIES

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