Oregon Statutes 716.540 – Investments in obligations of reconstruction and development banks
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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[1963 c.408 § 1; repealed by 1973 c.797 § 428]
[1973 c.638 § 2; repealed by 1975 c.544 § 62]