(a) The name and address of the issuing bank, the date of issuance and the limit of the bank’s liability under the letter of credit.
(b) The name of the court that entered the judgment being appealed and the title and file number of the case for which the judgment was entered.
(c) The name and address of the party who is filing the undertaking or, if the party is represented by an attorney, the name and address of the attorney.
(d) The name and address of the beneficiary or, if the beneficiary is represented by an attorney, the name and address of the attorney for the beneficiary.
(e) A statement that the issuing bank will pay to the beneficiary, up to the limit stated in the letter of credit, the amount of any drafts submitted to the issuing bank under ORS 19.325.
(2) An irrevocable letter of credit filed in support of an undertaking on appeal may be issued only by an insured institution, as defined in ORS 706.008, that has an office or other facility in this state or that has a registered agent in this state.
(3) A letter of credit under this section may contain an expiration date. Any letter of credit containing an expiration date must comply with ORS 19.320.
(4) A party filing a letter of credit in support of an undertaking on appeal and the party for whose benefit an undertaking is filed may by agreement waive any of the requirements of subsection (1) of this section. [1997 c.172 §2; 1999 c.59 §10]
Structure 2021 Oregon Revised Statutes
Volume : 01 - Courts, Oregon Rules of Civil Procedure
Section 19.205 - Appealable judgments and orders.
Section 19.235 - Jurisdiction for determining whether decision is appealable.
Section 19.240 - How appeal to Court of Appeals taken.
Section 19.250 - Contents of notice of appeal.
Section 19.255 - Time for service and filing of notice of appeal.
Section 19.260 - Filing by mail or delivery.
Section 19.275 - Continuing jurisdiction of trial court in certain domestic relations cases.
Section 19.300 - Undertakings on appeal generally; filing and service.
Section 19.305 - Qualifications of sureties; objections.
Section 19.310 - Waiver, reduction or limitation of undertaking.
Section 19.312 - Supersedeas undertaking in certain actions against tobacco product manufacturer.
Section 19.315 - Requirements for use of letter of credit.
Section 19.320 - Expiration and renewal of letter of credit.
Section 19.325 - Payment on letter of credit.
Section 19.335 - Stay by filing of supersedeas undertaking.
Section 19.340 - Waiver of supersedeas undertaking; sale of perishables.
Section 19.350 - Discretionary stay by court.
Section 19.355 - Stay of domestic relations judgment.
Section 19.360 - Appellate review of trial court orders relating to undertakings and stays.
Section 19.365 - Preparation and transmission of record generally.
Section 19.375 - Cost of transcript.
Section 19.405 - Certification of appeal to Supreme Court.
Section 19.410 - Stipulated dismissals; settlement; effect of settlement on pending appeal.
Section 19.415 - Scope of appellate review.
Section 19.440 - Award of attorney fees authorized by statute.