ORS 716.540: Investments in obligations of reconstruction and development banks.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
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. [1959 c.185 §2; 1973 c.797 §378; 1985 c.456 §1]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors716.html