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2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 716
716.420 Permitted investments.


OR Rev Stat § 716.420 (through Leg Sess 2011) What's This?

An Oregon savings bank may invest the funds mentioned in ORS 716.410:

(1) In the obligations specified in ORS 708A.115 (1), without limitation.

(2) Subject to a limitation of five percent of the assets of the Oregon savings bank, in the obligations specified in ORS 708A.115 (2).

(3) In shares of any mutual fund or unit trust, the assets of which are invested solely in obligations described in and limited under ORS 708A.115. [Amended by 1959 c.185 12; 1961 c.157 1; 1963 c.407 1; 1971 c.219 2; 1973 c.797 367; 1981 c.192 26; 1985 c.786 53; 1997 c.631 347]

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