Oregon Statutes 716.210 – Number and qualifications of directors
(1) The board of directors of an Oregon savings bank shall manage and control the affairs of the Oregon savings bank. The board shall consist of not fewer than five members.
Terms Used In Oregon Statutes 716.210
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) A person shall not be a director of an Oregon savings bank if the person:
(a) Has been adjudicated a bankrupt, taken the benefit of any insolvency law or made a general assignment for the benefit of creditors within the 10 years immediately prior to the person’s election as a director.
(b) Has allowed a judgment recovered against the person for a sum of money to remain unsatisfied of record or unsecured on appeal for a period of more than three months. [Amended by 1961 c.278 § 1; 1971 c.219 § 1; 1973 c.797 § 360; 1983 c.37 § 26; 1985 c.786 § 47; 1997 c.631 § 345]
[Repealed by 1973 c.797 § 428]
[Repealed by 1973 c.797 § 428]
[Repealed by 1973 c.797 § 428]
[Repealed by 1973 c.797 § 428]
[Amended by 1957 c.169 § 1; 1969 c.211 § 1; repealed by 1973 c.797 § 428]
[Amended by 1973 c.797 § 361; repealed by 1997 c.631 § 567]
[Amended by 1973 c.797 § 362; 1983 c.37 § 27; repealed by 1997 c.631 § 567]
[1975 c.544 § 51; 1979 c.88 § 26; 1985 c.786 § 48; repealed by 1997 c.631 § 567]
[Amended by 1973 c.797 § 363; 1981 c.192 § 25; 1985 c.786 § 49; repealed by 1997 c.631 § 567]
[1977 c.135 § 32; 1985 c.786 § 50; repealed by 1997 c.631 § 567]
[Repealed by 1973 c.797 § 428]
[Repealed by 1973 c.797 § 428]