Statutes, codes, and regulations
Oregon Revised Statutes
Title 53 - FINANCIAL INSTITUTIONSChapter 707 - ORGANIZATION TO CONDUCT BANKING BUSINESS; STOCKHOLDERS, DIRECTORS AND OFFICERSSTOCKHOLDERS, DIRECTORS AND OFFICERS
STOCKHOLDER MEETINGS
Section 707.625 - Exemption from personal liability for good faith acts or omissions in compliance with statute, rule or order

ORS § 707.625

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Current through 2024 Regular Session legislation effective April 17, 2024
Section 707.625 - Exemption from personal liability for good faith acts or omissions in compliance with statute, rule or order

A person may not be held personally liable for an act done or omitted by the person in good faith and in compliance with a statute, rule or order of the Director of the Department of Consumer and Business Services under this chapter regardless of whether the statute, rule or order is later amended, rescinded or determined to be invalid by judicial or other authority.

ORS 707.625

1987 c.445 §4; 1997 c.631 §88