GroundRules
← Search the law
Oregon · Through 2025 Edition

ORS 707.266: Expenses of organization or issue of shares.

Read at publisher ↗
Where this section sits in the code
  1. 18 - Financial Institutions, Insurance
  2. 53. Financial Institutions
  3. Chapter 707 — Organization to Conduct Banking Business; Stockholders, Directors and Officers

The reasonable charges and expenses of organization or reorganization of an institution or Oregon stock savings bank, and the reasonable expenses of and compensation for the sale or underwriting of its shares, may be paid or allowed by such institution or Oregon stock savings bank out of the consideration received by it in payment for its shares without rendering such shares not fully paid and nonassessable.

Collected 2026-09-03T23:50:17Z. Source file · JSON

Browse this collection