Credit Unions

ORS 723.006
“Credit union” defined

A credit union is a cooperative, nonprofit association, incorporated under the laws of this state, for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest and providing an opportunity for its members to use and control their own money in order to improve their economic and social condition. [1975 c.652 §3]
Chapter 723

Atty. Gen. Opinions

Political contributions by savings and loan association or a credit union, (1974) Vol 37, p 144; depositing deferred salaries of state employes in state-chartered credit unions, (1977) Vol 38, p 911; authority of state chartered credit unions to enlarge membership to include governmental units participating in deferred compensation plans, (1977) Vol 38, p 1188


Last accessed
Jun. 26, 2021