{"data":{"id":"us-or/ors-708a.365","jurisdiction":"us-or","citation":"ORS 708A.365","heading":"Obligations secured by life insurance policy values.","body":"In addition to obligations permitted under ORS 708A.295, an Oregon commercial bank may make loans to and acquire obligations of a person not to exceed 10 percent of the Oregon commercial bank’s capital that are secured by a life insurance policy having a cash surrender value of not less than 100 percent of the amount of the obligations, plus an amount equal to one annual premium on the insurance policy.","path":["18 - Financial Institutions, Insurance","53. Financial Institutions","Chapter 708A — Regulation of Institutions Generally"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors708A.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"1315a7a73d902ce99a4cdd34139f8046dd6017c7983c13586912e71a2383e1d9","source_id":"us-or","stale":false,"prev":"us-or/ors-708a.360","next":"us-or/ors-708a.370"},"notice":"GroundRules: Original legal text. Not legal advice."}