Oregon Code § 723.006·Enacted ·Last updated March 01, 2026
Statute Text
Credit
union defined.
A
credit union is a cooperative, nonprofit association, incorporated under the
laws of this state, for the purposes of encouraging thrift among its members,
creating a source of credit at a fair and reasonable rate of interest and
providing an opportunity for its members to use and control their own money in
order to improve their economic and social condition. [1975 c.652 §3]
Plain English Explanation
This Oregon statute addresses Credit
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 723.006
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Credit
. 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 § 723.006. Use this format in legal documents and court filings.
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