Oregon Revised Statutes Chapter 716 § 716.556 — Investment in loans secured by pledged notes or bonds
Oregon Revised Statutes Chapter 716 ·
Oregon Code § 716.556·Enacted ·Last updated March 01, 2026
Statute Text
Investment in loans secured by pledged notes or bonds.
A savings bank may invest in loans
secured by pledge of the notes or bonds specified in ORS 716.552, if the notes
or bonds pledged as collateral are at least 25 percent more than the loans
which they secure. [1973 c.797 §371b]
Plain English Explanation
This Oregon statute addresses Investment in loans secured by pledged notes or bonds. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 716.556
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Investment in loans secured by pledged notes or bonds. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 716.556. Use this format in legal documents and court filings.
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