GroundRules
ORS 716.556: Investment in loans secured by pledged notes or bonds.
Where this section sits in the code
- 18 - Financial Institutions, Insurance
- 53. Financial Institutions
- Chapter 716 — Savings Banks
A savings bank may invest in loans secured by pledge of the notes or bonds specified in ORS 716.552, if the notes or bonds pledged as collateral are at least 25 percent more than the loans which they secure.
Collected 2026-09-03T23:50:17Z. Source file · JSON