An Oregon savings bank may invest the funds mentioned in ORS § 716.410:

Terms Used In Oregon Statutes 716.420

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

(1) In the obligations specified in ORS § 708A.115 (1), without limitation.

(2) Subject to a limitation of five percent of the assets of the Oregon savings bank, in the obligations specified in ORS § 708A.115 (2).

(3) In shares of any mutual fund or unit trust, the assets of which are invested solely in obligations described in and limited under ORS § 708A.115. [Amended by 1959 c.185 § 12; 1961 c.157 § 1; 1963 c.407 § 1; 1971 c.219 § 2; 1973 c.797 § 367; 1981 c.192 § 26; 1985 c.786 § 53; 1997 c.631 § 347]

 

[Repealed by 1959 c.185 § 15]

 

[Repealed by 1959 c.185 § 10 (716.441 enacted in lieu of 716.440)]

 

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