Oregon Constitution Article XI Sec. 1

[Chex]

State Treasurer's office != chartered bank. Arkansas might have different perspective on state banks than Oregon.

[allodial]

One definition of "customer" is "holder of a royal warrant".

[Chex]

One definition of "customer" is "holder of a royal warrant".

Some of us are all customers.

A bond http://financial-dictionary.thefreedictionary.com/Bond is money http://financial-dictionary.thefreedictionary.com/Money is federal reserve notes http://financial-dictionary.thefreed...+reserve+notes circulating notes equal to the par value of such bonds #5 http://www.federalreserve.gov/aboutthefed/section18.htm

The 14 counts covered six counts of extortion, one count of attempted extortion and seven counts of bribery. But it all boiled down to money passed by Stephens to Shoffner over the course of four years when he wound up with more than a half-billion in bond business, far more than any other broker

He told of cash payments, but investigators had no proof of that until his secretly taped May foray to her Newport home with a pie box stuffed with an apple pie and a $6,0000 roll of hundreds. She was arrested that day, a Saturday, and resigned the next week.

She also is awaiting trial on separate federal charges of converting campaign contributions to personal expenses charged on her credit card.

Shoffner offered no defense witnesses and her attorneys held to their story that Shoffner might have broken state ethics laws by taking illegal cash gifts and campaign contributions, but what she'd done didn't constitute bribery and wasn't a federal offense.

No word yet if the judge has ruled on a defense motion that the prosecutors hadn't proved a federal crime because the payments weren't in interstate commerce.
The government argued that the state investments included federal money and were used for securities from other states. The judge said he'd rule on that afar the verdict.

[Freed Gerdes]

For David,
The requirement that said notes not be discounted refers to earlier practice where notes (evidence of indebtedness) were traded and typically discounted prior to their due date. A check is such a note, but in modern banking practice checks are not discounted, they are payable on demand (ie, already due). For an excellent treatise on commercial practices with commercial paper trading practices, see Chitty on Bills of Exchange, available here: http://books.google.com/books?id=L-o...page&q&f=false This is not a reference to lawful money.

Freed

[David Neil]

Thank you Freed Gerdes. I eventually came across this same information as I continued to read on the Internet. I also came across information regarding "this State" and "the State" in the Oregon Statues. "]" Thus the logic that Bank of America operates in the fiction of the Corporate state and does not break the laws of the substantive 'the State"

Once a term is defined in the statues would it apply wherever the term appears, unless redefined for a particular statue?