Or. Admin. Code § 441-710-0240

Current through Register Vol. 63, No. 11, November 1, 2024

Section 441-710-0240 - Limitations on Ownership of Fixed Assets

Under ORS 723.152(4), a credit union has the power to acquire, lease, hold and dispose of property necessary or incidental to its operations. A credit union's ownership of fixed assets is limited as described by OAR 441-710-0240 to 441-710-0270.

Or. Admin. Code § 441-710-0240

BB 4-1982, f. 8-24-82, ef. 9-1-82; Renumbered from 805-072-0305; FCS 2-2005, f. & cert. ef. 8-25-05

Stat. Auth.: ORS 723.102

Stats. Implemented: ORS 723.152