Oregon § 723.830 Regulation of services performed for credit union

Oregon Statutes

§ 723.830 — Regulation of services performed for credit union

Oregon § 723.830

Vol.18

Title 54Credit Unions, Lending Institutions and Pawnbrokers

Ch. 723Credit Unions

This text of Oregon § 723.830 (Regulation of services performed for credit union) 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. § 723.830 (2026).

Text

A credit union may not contract for any of the services described in this section to be performed for the credit union unless both the credit union and the person performing the services agree to be subject to regulation and examination by the Director of the Department of Consumer and Business Services to the same extent as if the services were performed by the credit union. This section applies to the following services:

(1)Check and deposit sorting and posting.

(2)Computation and posting of interest and other credits and charges.

(3)Any other bookkeeping, accounting or similar functions performed for a credit union.

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A credit union may not contract for any of the services described in this section to be performed for the credit union unless both the credit union and the person performing the services agree to be subject to regulation and examination by the Director of the Department of Consumer and Business Services to the same extent as if the services were performed by the credit union. This section applies to the following services:
(1) Check and deposit sorting and posting.
(2) Computation and posting of interest and other credits and charges.
(3) Any other bookkeeping, accounting or similar functions performed for a credit union.