Oregon Revised Statutes Chapter 716 § 716.205 — Salaries of certain directors
Oregon Revised Statutes Chapter 716 ·
Oregon Code § 716.205·Enacted ·Last updated March 01, 2026
Statute Text
Salaries of certain directors.
(1) Subject to the written approval of the Director of the Department of
Consumer and Business Services, the board of directors of a savings bank may
fix the fee to be paid directors who are not acting as officers or employees of
the savings bank.
(2) An attorney
for a savings bank, although a director thereof, may receive a reasonable
compensation for professional services. [1973 c.797 §359]
Plain English Explanation
This Oregon statute addresses Salaries of certain directors. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 716.205
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Salaries of certain directors. Read the full statute text above for details.
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The formal citation is Oregon Code § 716.205. Use this format in legal documents and court filings.
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