Oregon § 716.420 Permitted investments

Oregon Statutes

§ 716.420 — Permitted investments

Oregon § 716.420

Vol.18

Title 53Financial Institutions

Ch. 716Savings Banks

This text of Oregon § 716.420 (Permitted investments) 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. § 716.420 (2026).

Text

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.

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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.