ORS § 723.502

Current through 2024 Regular Session legislation effective April 17, 2024
Section 723.502 - Purposes; terms

A credit union may make loans to members of the credit union for such purpose and upon such security and terms as the credit committee, credit manager or loan officer approves. A person who is not a member of the credit union may be a guarantor or co-obligor on a credit union's loan to a member of the credit union.

ORS 723.502

1975 c.652 §52; 1981 c.412 §8; 2007 c. 343, § 7