ORS § 707.266

Current through 2024 Regular Session legislation effective April 17, 2024
Section 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.

ORS 707.266

1989 c.324 §31; 1997 c.631 §69