Statutes, codes, and regulations
Oregon Revised Statutes
Title 53 - FINANCIAL INSTITUTIONSChapter 716 - SAVINGS BANKS
INVESTMENTS AND LOANS
Section 716.540 - Investments in obligations of reconstruction and development banks

ORS § 716.540

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Current through 2024 Regular Session legislation
Section 716.540 - Investments in obligations of reconstruction and development banks

A savings bank may invest not more than five percent of its assets in each of the following categories of investments:

(1) In obligations issued or guaranteed by the International Bank for Reconstruction and Development.
(2) In obligations issued or guaranteed by the Inter-American Development Bank.
(3) In obligations issued or guaranteed by the Asian Development Bank.
(4) In obligations issued or guaranteed by the African Development Bank.

ORS 716.540

1959 c.185 §2; 1973 c.797 §378; 1985 c.456 §1