There is a newer version
of
this Chapter
2019 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 723 - Credit Unions
GENERAL PROVISIONS
- Section 723.001 - Definitions.
- Section 723.002 - Short title.
- Section 723.006 - "Credit union" defined.
- Section 723.008 - "Credit union" defined for ORS 723.136 and 723.464 to 723.498.
- Section 723.010 [Amended by 1955 c.550 §1; repealed by 1975 c.652 §88]
- Section 723.012 - Organization procedure; articles of incorporation; bylaws; fee; rules.
- Section 723.014 - Denial of certificate of approval.
- Section 723.016 - Form of articles and bylaws.
- Section 723.020 [Repealed by 1975 c.652 §88]
- Section 723.022 - Amendment of articles and bylaws; fee; rules.
- Section 723.026 - Use of name exclusive; criminal penalty.
- Section 723.030 [Amended by 1973 c.414 §1; repealed by 1975 c.652 §88]
- Section 723.032 - Places of business; mobile facilities.
- Section 723.036 - Fiscal year.
- Section 723.040 [Amended by 1959 c.106 §1; 1971 c.681 §1; repealed by 1975 c.652 §88]
- Section 723.042 - Interstate credit unions.
- Section 723.050 [Amended by 1955 c.550 §2; 1959 c.106 §2; repealed by 1975 c.652 §88]
- Section 723.060 [Amended by 1971 c.681 §2; repealed by 1975 c.652 §88]
- Section 723.070 [Repealed by 1975 c.652 §88]
- Section 723.080 [Repealed by 1975 c.652 §88]
- Section 723.090 [Repealed by 1975 c.652 §88]
- Section 723.100 [Amended by 1955 c.550 §3; repealed by 1975 c.652 §88]
- Section 723.102 - Rulemaking authority.
- Section 723.104 [1977 c.135 §43; repealed by 1985 c.762 §196]
- Section 723.106 - Reports; late filing penalty; rules.
- Section 723.110 [Amended by 1971 c.681 §3; repealed by 1975 c.652 §88]
- Section 723.112 - Examinations.
- Section 723.114 - Annual fees paid by credit unions; rules.
- Section 723.116 - Records; rules.
- Section 723.118 - Disclosure of records of department; exemptions.
- Section 723.120 [Amended by 1959 c.106 §3; 1971 c.681 §5; 1973 c.719 §1; repealed by 1975 c.652 §88]
- Section 723.122 - Bond or letter of credit; rules.
- Section 723.124 [1971 c.681 §4; repealed by 1975 c.652 §88]
- Section 723.126 - Enforcement actions.
- Section 723.128 [1971 c.681 §12; repealed by 1975 c.652 §88]
- Section 723.130 [Amended by 1955 c.550 §4; 1967 c.279 §1; 1971 c.681 §6; repealed by 1975 c.652 §88]
- Section 723.132 - Order to remove officer, director or committee member.
- Section 723.134 - Receipt of deposits from person not a member of credit union; secondary capital accounts; rules.
- Section 723.135 [1973 c.148 §2; repealed by 1975 c.652 §88]
- Section 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.
- Section 723.152 - General powers; rules.
- Section 723.156 - Exercise of powers of federal credit union.
- Section 723.172 - Credit union membership; rules.
- Section 723.176 - Business and nonbusiness organizations as members.
- Section 723.182 - Other credit unions as members.
- Section 723.184 - State deemed member with respect to deferred compensation deposits; restrictions on membership.
- Section 723.186 - Members who leave field of membership.
- Section 723.188 [1989 c.550 §2; 1999 c.59 §226; 1999 c.316 §9; repealed by 2015 c.458 §4]
- Section 723.192 - Individual liability.
- Section 723.196 - Meeting of members; mail or electronic ballots.
- Section 723.202 - Withdrawal and expulsion of members; request for reinstatement.
- Section 723.210 [Repealed by 1975 c.652 §88]
- Section 723.220 [Repealed by 1959 c.106 §23]
- Section 723.230 [Amended by 1959 c.106 §7; 1967 c.279 §2; 1971 c.681 §7; repealed by 1975 c.652 §88]
- Section 723.240 [Amended by 1959 c.106 §8; 1967 c.279 §3; repealed by 1975 c.652 §88]
- Section 723.245 [1959 c.106 §6; repealed by 1975 c.652 §88]
- Section 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]
- Section 723.252 - Election of directors and appointment of credit committee and credit manager.
- Section 723.256 - Record of board and committee members.
- Section 723.260 [Amended by 1959 c.106 §10; repealed by 1975 c.652 §88]
- Section 723.262 - Vacancies.
- Section 723.266 - Compensation of officials.
- Section 723.270 [Repealed by 1975 c.652 §88]
- Section 723.272 - Conflicts of interest.
- Section 723.275 [1959 c.106 §5; repealed by 1975 c.652 §88]
- Section 723.276 - Executive officers.
- Section 723.280 [Amended by 1955 c.550 §5; 1959 c.106 §11; 1971 c.681 §9; repealed by 1975 c.652 §88]
- Section 723.282 - Authority of directors.
- Section 723.286 - Executive committee.
- Section 723.290 [Amended by 1959 c.106 §12; repealed by 1975 c.652 §88]
- Section 723.292 - Meetings of directors; rules.
- Section 723.296 - Duties of directors; delegation of duties.
- Section 723.302 - Duties of credit committee.
- Section 723.306 - Meetings of credit committee.
- Section 723.312 - Loan officers.
- Section 723.316 - Chief credit officer.
- Section 723.322 - Duties of supervisory committee; verification of member accounts; rules.
- Section 723.326 - Suspension and removal of officials; restrictions on service as director.
- Section 723.332 [1975 c.652 §41; 1985 c.762 §97; repealed by 2013 c.480 §8]
- Section 723.338 - Duty to notify law enforcement officers of violations of Oregon Credit Union Act; investigations; costs.
- Section 723.350 [Amended by 1959 c.106 §13; repealed by 1975 c.652 §88]
- Section 723.360 [Amended by 1959 c.106 §14; repealed by 1975 c.652 §88]
- Section 723.370 [Amended by 1959 c.106 §15; repealed by 1975 c.652 §88]
- Section 723.380 [Amended by 1959 c.106 §16; repealed by 1975 c.652 §88]
- Section 723.390 [Amended by 1959 c.106 §17; 1971 c.681 §10; 1973 c.719 §2; repealed by 1975 c.652 §88]
- Section 723.400 [Amended by 1955 c.550 §6; 1959 c.106 §18; 1967 c.279 §5; repealed by 1975 c.652 §88]
- Section 723.402 - Shares.
- Section 723.406 - Dividends.
- Section 723.410 [Amended by 1959 c.106 §19; 1967 c.279 §6; repealed by 1975 c.652 §88]
- Section 723.412 - Deposit and deposit certificate accounts; interest; priority.
- Section 723.416 [1975 c.652 §45; repealed by 1999 c.185 §58]
- Section 723.420 [Repealed by 1959 c.106 §23]
- Section 723.422 [1975 c.652 §46; repealed by 1999 c.185 §58]
- Section 723.426 - Joint accounts.
- Section 723.430 [Repealed by 1975 c.652 §88]
- Section 723.432 - Trust accounts.
- Section 723.434 - Share draft accounts.
- Section 723.436
- Section 723.440 [Repealed by 1975 c.652 §88]
- Section 723.441 [1985 c.804 §6; repealed by 1987 c.491 §9]
- Section 723.442
- Section 723.444 [1987 c.491 §8; repealed by 1997 c.832 §10]
- Section 723.446
- Section 723.447 - Certified share drafts.
- Section 723.450 - Payment on shares and deposits; restriction on class of shares.
- Section 723.452
- Section 723.454 - Liens.
- Section 723.457 [Formerly 723.442; 1991 c.635 §13; repealed by 2001 c.308 §5]
- Section 723.460 - Reduction in shares.
- Section 723.462 [1999 c.185 §19; repealed by 2005 c.95 §12]
- Section 723.463 [Formerly 723.452; 1987 c.658 §4; repealed by 1997 c.832 §10]
- Section 723.464 - Deposits made in name of minor.
- Section 723.466 - Disposition of deposit on death of depositor.
- Section 723.468 - Adverse claim to deposit; notice; restraining order or other process; indemnity bond or letter of credit.
- Section 723.470 - Checks drawn by agents presumed to be in authorized manner.
- Section 723.472 - Checks of intoxicated or drugged persons.
- Section 723.474 - Definitions for ORS 723.474 to 723.498.
- Section 723.476 - Application of ORS 723.478, 723.480 and 723.482; liability and setoff rights of credit unions.
- Section 723.478 - Ownership of multiple-party accounts.
- Section 723.480 - Multiple-party accounts; disposition of deposit upon death of party or trustee; effect of will.
- Section 723.482 - Rights of survivorship based on form of account; alteration of form of account.
- Section 723.484 - Transfers of moneys upon death of depositor or trustee is not testamentary disposition.
- Section 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.
- Section 723.488 - Joint account; payment to any party to account; payment to others.
- Section 723.490 - P.O.D. account; payment to any original party; payment to others.
- Section 723.492 - Trust account; payment to trustee; payment to others.
- Section 723.494 - Discharge of credit union for payments made; conditions.
- Section 723.496 - Right of credit union to setoff; amount.
- Section 723.498 - Designation of agent for account; powers of agent.
- Section 723.502 - Purposes; terms.
- Section 723.506 - Application.
- Section 723.510 [Amended by 1959 c.106 §20; 1971 c.681 §11; repealed by 1975 c.652 §88]
- Section 723.512 - Loan limit; exception.
- Section 723.516 - Installments.
- Section 723.520 [Repealed by 1959 c.106 §23]
- Section 723.522 - Line of credit.
- Section 723.526 - Other loan programs.
- Section 723.530 [Amended by 1959 c.106 §21; 1971 c.367 §1; repealed by 1975 c.652 §88]
- Section 723.532 - Loans to credit union officials; waiver; rules.
- Section 723.536 - Loans to nonmembers; personal liability.
- Section 723.540 [Repealed by 1975 c.652 §88]
- Section 723.550 [Amended by 1959 c.106 §22; repealed by 1975 c.652 §88]
- Section 723.560 [Repealed by 1975 c.652 §88]
- Section 723.572 - Insurance for members.
- Section 723.576 - Liability insurance for director, officer, employee or agent.
- Section 723.582 - Share and deposit insurance.
- Section 723.586 - Group purchasing.
- Section 723.631 - Regular reserve; reserve for loan losses; rules.
- Section 723.632 [1975 c.652 §65; 1979 c.88 §35; repealed by 1981 c.192 §37 (723.631 enacted in lieu of 723.632)]
- Section 723.636 - Charges to regular reserve.
- Section 723.642 [1975 c.652 §67; 1977 c.628 §4; repealed by 1981 c.192 §46]
- Section 723.646 - Special reserves; purpose.
- Section 723.672 - Suspension; revocation of charter.
- Section 723.676 - Liquidation.
- Section 723.682 - Merger; opposition to merger.
- Section 723.686 - Conversion of charter.
- Section 723.702 - Organization; name.
- Section 723.706 - Membership.
- Section 723.712 - Voting representative.
- Section 723.716 - Additional rights and powers.
- Section 723.752 - Application of tax statutes to credit unions.
- Section 723.756 - Stock transfer taxes.
- Section 723.762 - Participation in government programs.
- Section 723.802 [1975 c.652 §80; repealed by 1985 c.762 §196]
- Section 723.806 - Notice to law enforcement officers of violation of Oregon Credit Union Act; exceptions.
- Section 723.812 - Actions; assistance.
- Section 723.816 - Prohibited acts.
- Section 723.818 - Giving false document, statement or report prohibited.
- Section 723.822 - Cease and desist orders; contents; effective date; removal or suspension.
- Section 723.826
- Section 723.830 - Regulation of services performed for credit union.
- Section 723.832 - Application to credit unions existing on September 13, 1975.
- Section 723.836 - Effect of amendment or repeal of Oregon Credit Union Act.
- Section 723.840 - Limitation on personal liability for good faith act or omission or exercise of judgment or discretion; reliance on information or reports; causes of action.
- Section 723.844 - Procedures for opening safe deposit box after death of person who was sole lessee or last surviving lessee of box.
- Section 723.990 [Repealed by 1975 c.544 §62 and by 1975 c.652 §88]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
