GroundRules
ORS 711.660: Assignment or transfer of capital stock while payment of liabilities suspended or restricted.
Where this section sits in the code
- 18 - Financial Institutions, Insurance
- 53. Financial Institutions
- Chapter 711 — Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
While the payment of the liabilities of any Oregon stock bank is suspended or restricted under ORS 711.620, an assignment or transfer of the capital stock of the Oregon stock bank is invalid.
Collected 2026-09-03T23:50:17Z. Source file · JSON