Oregon Revised Statutes Chapter 723 § 723.586 — Group
Oregon Revised Statutes Chapter 723 ·
Oregon Code § 723.586·Enacted ·Last updated March 01, 2026
Statute Text
Group
purchasing.
A
credit union may enter into cooperative marketing arrangements to facilitate
its members voluntary purchases of such goods and services as are in the
interest of improving economic and social conditions of the members. Said
investment shall not exceed one percent of the credit unions assets.
Notwithstanding any other provision of law, the taxable income from such
activities which are conducted by the credit union shall be subject to tax
pursuant to ORS 317.920. [1975 c.652 §63; 1983 c.162 §56; 1999 c.185 §47]
INVESTMENTS
Plain English Explanation
This Oregon statute addresses Group
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 723.586
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Group
. 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 § 723.586. Use this format in legal documents and court filings.
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