Or. Admin. R. 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.
Notes
Stat. Auth: ORS 645.020 & 645.205
Stats. Implemented: ORS 645.020
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