Oregon Organization to Conduct Banking Business; Stockholders, Directors and Officers
ORS 707.266
Expenses of organization or issue of shares

The reasonable charges and expenses of organization or reorganization of an institution or Oregon stock savings bank, and the reasonable expenses of and compensation for the sale or underwriting of its shares, may be paid or allowed by such institution or Oregon stock savings bank out of the consideration received by it in payment for its shares without rendering such shares not fully paid and nonassessable. [1989 c.324 §31; 1997 c.631 §69]
Last accessed
May. 15, 2020