In a transaction where a purchasing insured institution assumes or agrees to pay all the liabilities of a liquidating institution, ORS § 711.220 to 711.235 do not apply. [1973 c.797 § 239; 1997 c.631 § 239]

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Terms Used In Oregon Statutes 711.217

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

 

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