Oregon Statutes 711.660 – Assignment or transfer of capital stock while payment of liabilities suspended or restricted
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While the payment of the liabilities of any Oregon stock bank is suspended or restricted under ORS § 711.620, an assignment or transfer of the capital stock of the Oregon stock bank is invalid. [1973 c.797 § 301; 1997 c.631 § 261]
Terms Used In Oregon Statutes 711.660
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.