There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 723
- 723.001 Definitions.
- 723.002 Short title.
- 723.006 Credit union defined.
- 723.008 Credit union defined for ORS 723.136 and 723.464 to 723.498.
- 723.010 [Amended by 1955 c.550 1; repealed by 1975 c.652 88] FORMATION
- 723.012 Organization procedure; articles of incorporation; bylaws; fee; rules.
- 723.014 Denial of certificate of approval.
- 723.016 Form of articles and bylaws.
- 723.020 [Repealed by 1975 c.652 88]
- 723.022 Amendment of articles and bylaws; fee; rules.
- 723.026 Use of name exclusive; criminal penalty.
- 723.030 [Amended by 1973 c.414 1; repealed by 1975 c.652 88]
- 723.032 Places of business; fee; rules; mobile facilities.
- 723.036 Fiscal year.
- 723.040 [Amended by 1959 c.106 1; 1971 c.681 1; repealed by 1975 c.652 88]
- 723.042 Interstate credit unions.
- 723.050 [Amended by 1955 c.550 2; 1959 c.106 2; repealed by 1975 c.652 88]
- 723.060 [Amended by 1971 c.681 2; repealed by 1975 c.652 88]
- 723.070 [Repealed by 1975 c.652 88]
- 723.080 [Repealed by 1975 c.652 88]
- 723.090 [Repealed by 1975 c.652 88]
- 723.100 [Amended by 1955 c.550 3; repealed by 1975 c.652 88] REGULATORY AUTHORITY
- 723.102 Rulemaking authority.
- 723.104 [1977 c.135 43; repealed by 1985 c.762 196]
- 723.106 Reports; late filing penalty; rules.
- 723.110 [Amended by 1971 c.681 3; repealed by 1975 c.652 88]
- 723.112 Examinations.
- 723.114 Annual fees paid by credit unions.
- 723.116 Records; rules.
- 723.118 Disclosure of records of department; exemptions.
- 723.120 [Amended by 1959 c.106 3; 1971 c.681 5; 1973 c.719 1; repealed by 1975 c.652 88]
- 723.122 Bond or letter of credit; rules.
- 723.124 [1971 c.681 4; repealed by 1975 c.652 88]
- 723.126 Enforcement actions.
- 723.128 [1971 c.681 12; repealed by 1975 c.652 88]
- 723.130 [Amended by 1955 c.550 4; 1967 c.279 1; 1971 c.681 6; repealed by 1975 c.652 88]
- 723.132 Order to remove officer, director or committee member.
- 723.134 Receipt of deposits from person not a member of credit union; secondary capital accounts; rules.
- 723.135 [1973 c.148 2; repealed by 1975 c.652 88]
- 723.136 Agreements with other credit union supervisory agencies and Financial Crimes Enforcement Network; contracts for use of credit union examiners; joint examination or enforcement; fees.
- 723.152 General powers; rules.
- 723.156 Exercise of powers of federal credit union.
- 723.172 Credit union membership; rules.
- 723.176 Business and nonbusiness organizations as members.
- 723.182 Other credit unions as members.
- 723.184 State deemed member with respect to deferred compensation deposits; restrictions on membership.
- 723.186 Members who leave field of membership.
- 723.188 Foster parents as members.
- 723.192 Individual liability.
- 723.196 Meeting of members; mail or electronic ballots.
- 723.202 Withdrawal and expulsion of members; request for reinstatement.
- 723.210 [Repealed by 1975 c.652 88]
- 723.220 [Repealed by 1959 c.106 23]
- 723.230 [Amended by 1959 c.106 7; 1967 c.279 2; 1971 c.681 7; repealed by 1975 c.652 88]
- 723.240 [Amended by 1959 c.106 8; 1967 c.279 3; repealed by 1975 c.652 88]
- 723.245 [1959 c.106 6; repealed by 1975 c.652 88]
- 723.250 [Amended by 1959 c.106 9; 1967 c.279 4; 1971 c.681 8; 1973 c.147 1; repealed by 1975 c.652 88] DIRECTION OF AFFAIRS
- 723.252 Election of directors and appointment of credit committee and credit manager.
- 723.256 Record of board and committee members.
- 723.260 [Amended by 1959 c.106 10; repealed by 1975 c.652 88]
- 723.262 Vacancies.
- 723.266 Compensation of officials.
- 723.270 [Repealed by 1975 c.652 88]
- 723.272 Conflicts of interest.
- 723.275 [1959 c.106 5; repealed by 1975 c.652 88]
- 723.276 Executive officers.
- 723.280 [Amended by 1955 c.550 5; 1959 c.106 11; 1971 c.681 9; repealed by 1975 c.652 88]
- 723.282 Authority of directors.
- 723.286 Executive committee.
- 723.290 [Amended by 1959 c.106 12; repealed by 1975 c.652 88]
- 723.292 Meetings of directors.
- 723.296 Duties of directors; delegation of duties.
- 723.302 Duties of credit committee.
- 723.306 Meetings of credit committee.
- 723.312 Loan officers.
- 723.316 Chief credit officer.
- 723.322 Duties of supervisory committee; verification of member accounts; rules.
- 723.326 Suspension and removal of officials; restrictions on service as director.
- 723.332 Special meetings.
- 723.338 Duty to notify law enforcement officers of violations of Oregon Credit Union Act; investigations; costs.
- 723.350 [Amended by 1959 c.106 13; repealed by 1975 c.652 88]
- 723.360 [Amended by 1959 c.106 14; repealed by 1975 c.652 88]
- 723.370 [Amended by 1959 c.106 15; repealed by 1975 c.652 88]
- 723.380 [Amended by 1959 c.106 16; repealed by 1975 c.652 88]
- 723.390 [Amended by 1959 c.106 17; 1971 c.681 10; 1973 c.719 2; repealed by 1975 c.652 88]
- 723.400 [Amended by 1955 c.550 6; 1959 c.106 18; 1967 c.279 5; repealed by 1975 c.652 88] ACCOUNTS
- 723.402 Shares.
- 723.406 Dividends.
- 723.410 [Amended by 1959 c.106 19; 1967 c.279 6; repealed by 1975 c.652 88]
- 723.412 Deposit and deposit certificate accounts; interest; priority.
- 723.416 [1975 c.652 45; repealed by 1999 c.185 58]
- 723.420 [Repealed by 1959 c.106 23]
- 723.422 [1975 c.652 46; repealed by 1999 c.185 58]
- 723.426 Joint accounts.
- 723.430 [Repealed by 1975 c.652 88]
- 723.432 Trust accounts.
- 723.434 Share draft accounts.
- 723.436 [1975 c.652 49; renumbered 723.454]
- 723.440 [Repealed by 1975 c.652 88]
- 723.441 [1985 c.804 6; repealed by 1987 c.491 9]
- 723.442 [1975 c.652 50; 1981 c.257 1; renumbered 723.457]
- 723.444 [1987 c.491 8; repealed by 1997 c.832 10]
- 723.446 [1975 c.652 51; renumbered 723.460]
- 723.447 Certified share drafts.
- 723.450 Payment on shares and deposits; restriction on class of shares.
- 723.452 [1981 c.298 1; renumbered 723.463]
- 723.454 Liens.
- 723.457 [Formerly 723.442; 1991 c.635 13; repealed by 2001 c.308 5]
- 723.460 Reduction in shares.
- 723.462 [1999 c.185 19; repealed by 2005 c.95 12]
- 723.463 [Formerly 723.452; 1987 c.658 4; repealed by 1997 c.832 10]
- 723.464 Deposits made in name of minor.
- 723.466 Disposition of deposit on death of depositor.
- 723.468 Adverse claim to deposit; notice; restraining order or other process; indemnity bond or letter of credit.
- 723.470 Checks drawn by agents presumed to be in authorized manner.
- 723.472 Checks of intoxicated or drugged persons.
- 723.474 Definitions for ORS 723.474 to 723.498.
- 723.476 Application of ORS 723.478, 723.480 and 723.482; liability and setoff rights of credit unions.
- 723.478 Ownership of multiple-party accounts.
- 723.480 Multiple-party accounts; disposition of deposit upon death of party or trustee; effect of will.
- 723.482 Rights of survivorship based on form of account; alteration of form of account.
- 723.484 Transfers of moneys upon death of depositor or trustee is not testamentary disposition.
- 723.486 Multiple party account; payment of deposit to one or more parties; credit union not required to determine source or use of funds in account.
- 723.488 Joint account; payment to any party to account; payment to others.
- 723.490 P.O.D. account; payment to any original party; payment to others.
- 723.492 Trust account; payment to trustee; payment to others.
- 723.494 Discharge of credit union for payments made; conditions.
- 723.496 Right of credit union to setoff; amount.
- 723.498 Designation of agent for account; powers of agent.
- 723.502 Purposes; terms.
- 723.506 Application.
- 723.510 [Amended by 1959 c.106 20; 1971 c.681 11; repealed by 1975 c.652 88]
- 723.512 Loan limit; exception.
- 723.516 Installments.
- 723.520 [Repealed by 1959 c.106 23]
- 723.522 Line of credit.
- 723.526 Other loan programs.
- 723.530 [Amended by 1959 c.106 21; 1971 c.367 1; repealed by 1975 c.652 88]
- 723.532 Loans to credit union officials; waiver; rules.
- 723.536 Loans to nonmembers; personal liability.
- 723.540 [Repealed by 1975 c.652 88]
- 723.550 [Amended by 1959 c.106 22; repealed by 1975 c.652 88]
- 723.560 [Repealed by 1975 c.652 88] INSURANCE AND GROUP PURCHASING
- 723.572 Insurance for members.
- 723.576 Liability insurance for director, officer, employee or agent.
- 723.582 Share and deposit insurance.
- 723.586 Group purchasing.
- 723.602 Investment of funds; rules.
- 723.631 Regular reserve; reserve for loan losses; rules.
- 723.632 [1975 c.652 65; 1979 c.88 35; repealed by 1981 c.192 37 (723.631 enacted in lieu of 723.632)]
- 723.636 Charges to regular reserve.
- 723.642 [1975 c.652 67; 1977 c.628 4; repealed by 1981 c.192 46]
- 723.646 Special reserves; purpose.
- 723.672 Suspension; revocation of charter.
- 723.676 Liquidation.
- 723.682 Merger; opposition to merger.
- 723.686 Conversion of charter.
- 723.702 Organization; name.
- 723.706 Membership.
- 723.712 Voting representative.
- 723.716 Additional rights and powers.
- 723.730 Corporate central credit union; membership; rights and powers; rules.
- 723.752 Application of tax statutes to credit unions.
- 723.756 Stock transfer taxes.
- 723.762 Participation in government programs.
- 723.802 [1975 c.652 80; repealed by 1985 c.762 196] MISCELLANEOUS
- 723.806 Notice to law enforcement officers of violation of Oregon Credit Union Act; exceptions.
- 723.812 Actions; assistance.
- 723.816 Prohibited acts.
- 723.818 Giving false document, statement or report prohibited.
- 723.822 Cease and desist orders; contents; effective date; removal or suspension.
- 723.826 [1975 c.544 57; 1981 c.192 42; 1985 c.762 104; 1987 c.215 9; 1987 c.373 65; 1991 c.734 97; renumbered 723.995 in 1995]
- 723.830 Regulation of services performed for credit union.
- 723.832 Application to credit unions existing on September 13, 1975.
- 723.836 Effect of amendment or repeal of Oregon Credit Union Act.
- 723.840 Limitation on personal liability for good faith acts or omissions.
- 723.844 Procedures for opening safe deposit box after death of person who was sole lessee or last surviving lessee of box.
- 723.990 [Repealed by 1975 c.544 62 and by 1975 c.652 88]
- 723.992 Criminal penalties.
- 723.995 Civil penalties.
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