Oregon Code § 716.420·Enacted ·Last updated March 01, 2026
Statute Text
Permitted investments.
An Oregon savings bank may invest the funds mentioned in ORS 716.410:
(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]
Plain English Explanation
This Oregon statute addresses Permitted investments. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 716.420
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Permitted investments. Read the full statute text above for details.
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