ORS § 716.535

Current through 2024 Regular Session legislation

Section 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 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.

ORS 716.535

1975 c.544 §46