(1) Loans to credit union members may be shared with other credit unions, corporations or financial organizations.

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(2) A credit union may participate in guaranteed loan programs of the federal government, the State of Oregon or any other state.

(3) A credit union may purchase the conditional sales contracts, notes and similar instruments of its members.

(4) A credit union may purchase the leases of its members if the leases satisfy the requirements of ORS § 723.152 (9). [1975 c.652 § 57; 1999 c.185 § 43]

[Amended by 1959 c.106 § 21; 1971 c.367 § 1; repealed by 1975 c.652 § 88]