2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 716
716.205 Salaries of certain directors.


OR Rev Stat § 716.205 (through Leg Sess 2011) What's This?

(1) Subject to the written approval of the Director of the Department of Consumer and Business Services, the board of directors of a savings bank may fix the fee to be paid directors who are not acting as officers or employees of the savings bank.

(2) An attorney for a savings bank, although a director thereof, may receive a reasonable compensation for professional services. [1973 c.797 359]

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