Oregon Revised Statutes Chapter 707 § 707.268 — Restrictions on redemption of shares
Oregon Revised Statutes Chapter 707 ·
Oregon Code § 707.268·Enacted ·Last updated March 01, 2026
Statute Text
Restrictions on redemption of shares.
No redemption or purchase of shares shall be made by an institution or Oregon
stock savings bank when it is insolvent or when such redemption or purchase
would render it insolvent, or which would reduce the net assets below the
aggregate amount payable to the shareholders with prior or equal rights to the
assets of the institution or Oregon stock savings bank upon involuntary
dissolution. [1989 c.324 §33; 1997 c.631 §70]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 707.268
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Restrictions on redemption of shares. Read the full statute text above for details.
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The formal citation is Oregon Code § 707.268. Use this format in legal documents and court filings.
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