ORS § 708A.565

Current through 2024 Regular Session legislation
Section 708A.565 - Certain stock

An institution shall carry on the institution's books, at a value that does not exceed 15 percent of the stockholders' equity in the institution, any investments in stock of or membership interests in a company that engages in activities in which a financial holding company, a bank holding company or a nonbanking subsidiary of a financial holding company or bank holding company could engage under ORS 708A.120(4).

ORS 708A.565

Amended by 2015 Ch. 244,§ 67, eff. 6/4/2015, op. 1/1/2016.
1997 c.631 §188; 1999 c.59 §217; 2001 c.377 §49