Oregon Statutes 716.592 – Pledging assets to secure public funds
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A savings bank may pledge its assets to secure public funds as provided under ORS Chapter 295. For the purposes of this section, ‘public funds’ has the meaning given that term in ORS § 295.001. [1973 c.288 § 7; 1999 c.311 § 6; 2007 c.71 § 232]
Terms Used In Oregon Statutes 716.592
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.