ORS 723.006: “Credit union” defined.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
A credit union is a cooperative, nonprofit association, incorporated under the laws of this state, for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest and providing an opportunity for its members to use and control their own money in order to improve their economic and social condition. [1975 c.652 §3]
This rule cites
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Cited by
- ORS 180.540: Review of consumer contracts for conformity with plain language standards.
- ORS 205.460: Order to show cause why invalid claim of encumbrance should not be stricken; petition; hearing; release of invalid claim; procedure unavailable against certain persons.
- ORS 294.035: Investment of funds of political subdivisions; approved investments.
- ORS 295.001: Definitions for ORS 295.001 to 295.108.
- ORS 317.010: Definitions.
- ORS 646.633: Action by prosecuting attorney prohibited without request of Director of Department of Consumer and Business Services.
- ORS 706.008: Additional definitions for Bank Act.
- ORS 723.152: General powers; rules.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors723.html