ORS 716.205: Salaries of certain directors.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) Subject to the written approval of the Director of the Department of Consumer and Business Services, the board of directors of a savings bank may fix the fee to be paid directors who are not acting as officers or employees of the savings bank. (2) An attorney for a savings bank, although a director thereof, may receive a reasonable compensation for professional services. [1973 c.797 §359]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors716.html