OAR 441-505-3050
Guidelines for Exceeding Restrictions on Ownership of Real and Personal Property Used in Business

(1)

A request for authorization to exceed the limitations of ORS 708A.560 (Real and personal property used in institution’s business) shall contain:

(a)

Details of the proposal;

(b)

The reasons relied on for exceeding the limitations;

(c)

An asset utilization plan which is consistent with the institution’s business plan; and

(d)

Such additional information required by the Director.

(2)

The Director shall also consider the capital adequacy, liquidity, profitability, cash flow and management capabilities in determining whether the proposal is prudent and reasonable.

Source: Rule 441-505-3050 — Guidelines for Exceeding Restrictions on Ownership of Real and Personal Property Used in Business, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-505-3050.

Last Updated

Jun. 24, 2021

Rule 441-505-3050’s source at or​.us