An institution shall carry on the institution’s books, at a value that does not exceed 15 percent of the stockholders’ equity in the institution, any investments in stock of or membership interests in a company that engages in activities in which a financial holding company, a bank holding company or a nonbanking subsidiary of a financial holding company or bank holding company could engage under ORS § 708A.120 (4). [1997 c.631 § 188; 1999 c.59 § 217; 2001 c.377 § 49; 2015 c.244 § 67]

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