{"data":{"id":"us-or/ors-716.441","jurisdiction":"us-or","citation":"ORS 716.441","heading":"Investments in equipment trust certificates.","body":"(1) A savings bank may invest the funds mentioned in ORS 716.410 in equipment trust certificates that are, at the time of purchase, rated in one of the three highest grades by a recognized investment service organization that has been engaged regularly and continuously for a period of not less than 10 years in rating bonds.\n      (2) Not more than 15 percent of the assets of a savings bank may be invested under this section and not more than three percent of its assets may be invested in any one corporation.","path":["18 - Financial Institutions, Insurance","53. Financial Institutions","Chapter 716 — Savings Banks"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors716.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"e53ab840e846be7c8c855fc6357df0885b506f03b9690ece91eea65aaa7ee04a","source_id":"us-or","stale":false,"prev":"us-or/ors-716.440","next":"us-or/ors-716.450"},"notice":"GroundRules: Original legal text. Not legal advice."}