Savings Banks

ORS 716.535
Investments in common stock of federally chartered corporation providing secondary mortgage sale markets and Federal Home Loan Bank


A savings bank may invest the funds mentioned in ORS 716.410 (Limitations on investments) in the common stock of:

(1)

Any federally chartered corporation that is chartered for the purpose of providing secondary markets for the sale of mortgages by savings banks.

(2)

The Federal Home Loan Bank. [1975 c.544 §46]
Chapter 716

Atty. Gen. Opinions

Applicability of licensing and registration requirements under Bank Act to loan solicitation office operating in Oregon, (1985) Vol. 44, p 378


Source

Last accessed
Jun. 26, 2021