ORS 716.535: Investments in common stock of federally chartered corporation providing secondary mortgage sale markets and Federal Home Loan Bank.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
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. [1975 c.544 §46]
This rule cites
- ORS 716.410 — resolved
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors716.html