A savings bank may invest not more than five percent of its assets in each of the following categories of investments:

Terms Used In Oregon Statutes 716.540

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

(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]

 

[1963 c.408 § 1; repealed by 1973 c.797 § 428]

 

[1973 c.638 § 2; repealed by 1975 c.544 § 62]