Home/Oregon/Statutes/Vol.: 18/Title 53: Financial Institutions/Ch. 708A: Regulation of Institutions Generally/§ 708A.315
Oregon Statutes

§ 708A.315 — Noncommercial short-term notes

Oregon § 708A.315
JurisdictionOregon
Vol.18
Title 53Financial Institutions
Ch. 708ARegulation of Institutions Generally

This text of Oregon § 708A.315 (Noncommercial short-term notes) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Or. Rev. Stat. § 708A.315 (2026).

Text

In addition to obligations permitted under ORS 708A.295, an Oregon commercial bank may acquire obligations of a person, not to exceed 15 percent of the bank’s capital, as an indorser or guarantor of notes, other than commercial or business paper excepted under ORS 708A.310, having a maturity of not more than six months, and owned by the person indorsing and negotiating the same.

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Related

§ 708A.295
Oregon § 708A.295
§ 708A.310
Oregon § 708A.310

Legislative History

1997 c.631 §148

Nearby Sections

15
§ 708A.005
Powers of institutions; insurance transactions; rules
§ 708A.010
Investments and activities of Oregon commercial banks
§ 708A.115
Investment in government obligations
§ 708A.120
Investment in stock of other entity; rules
§ 708A.125
Stock in corporations acquired to strengthen capital or eliminate undesirable assets
§ 708A.130
Definition for ORS 708A.135 to 708A.145
§ 708A.135
Investment in bank service corporation
§ 708A.140
Discrimination by bank service corporation prohibited against nonstockholding depository institution; permitted conduct
§ 708A.145
Authorized services of bank service corporations; sale of insurance; regulation of services
§ 708A.150
Community development corporations; authority to invest or organize; conditions; corporate form; functions
§ 708A.155
Investment in foreign banks
§ 708A.160
Corporation or limited liability company created to establish ATMs; banking institution as stockholder
§ 708A.165
Membership in Federal Reserve System; member bank, officers, directors and shareholders subject to duties and liabilities imposed by laws of this state
§ 708A.170
Securities powers
§ 708A.175
Right to purchase, hold and dispose of real and personal property
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Bluebook (online)
Oregon § 708A.315, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/708A.315.