OAR 441-720-0330: Aggregate Lending Limit to a Member and Associated Borrowers
Edition: Current OARD snapshotEffective: 2022-06-01Last verified: 2026-09-07
The aggregate amount of the credit union’s outstanding loans and any unfunded commitments to a member (including those loans guaranteed by the member) and a group of associated borrowers may not exceed the greater of 15 percent of the credit union's net worth; or $100,000.
Official history and status
Statutory/Other Authority: ORS 723.102
Statutes/Other Implemented: ORS 723.152, 723.156 & 723.512
History: FSR 1-2022, amend filed 05/18/2022, effective 06/01/2022 FCS 2-2002, f. & cert. ef. 8-27-02
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Official source: https://secure.sos.state.or.us/oard/