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Volume : 18 - Financial Ins...
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Chapter 723 - Credit Unions
Chapter 723 - Credit Unions
Section 723.001 - Definitions.
Section 723.002 - Short title.
Section 723.006 - "Credit union" defined.
Section 723.008 - "Credit union" defined for ORS 723.136 and 723.464 to 723.498.
Section 723.012 - Organization procedure; articles of incorporation; bylaws; fee; rules.
Section 723.014 - Denial of certificate of approval.
Section 723.016 - Form of articles and bylaws.
Section 723.022 - Amendment of articles and bylaws; fee; rules.
Section 723.026 - Use of name exclusive; criminal penalty.
Section 723.032 - Places of business; mobile facilities.
Section 723.036 - Fiscal year.
Section 723.042 - Interstate credit unions.
Section 723.102 - Rulemaking authority.
Section 723.106 - Reports; late filing penalty; rules.
Section 723.112 - Examinations.
Section 723.114 - Annual fees paid by credit unions; rules.
Section 723.116 - Records; rules.
Section 723.118 - Disclosure of records of department; exemptions.
Section 723.122 - Bond or letter of credit; rules.
Section 723.126 - Enforcement actions.
Section 723.132 - Order to remove officer, director or committee member.
Section 723.134 - Receipt of deposits from person not a member of credit union; secondary capital accounts; rules.
Section 723.136 - Agreements with other credit union supervisory agencies and Financial Crimes Enforcement Network; contracts for use of credit union examiners; joint examination or enforcement; fees.
Section 723.152 - General powers; rules.
Section 723.156 - Exercise of powers of federal credit union.
Section 723.172 - Credit union membership; rules.
Section 723.176 - Business and nonbusiness organizations as members.
Section 723.182 - Other credit unions as members.
Section 723.184 - State deemed member with respect to deferred compensation deposits; restrictions on membership.
Section 723.186 - Members who leave field of membership.
Section 723.192 - Individual liability.
Section 723.196 - Meeting of members; mail or electronic ballots.
Section 723.202 - Withdrawal and expulsion of members; request for reinstatement.
Section 723.252 - Election of directors and appointment of credit committee and credit manager.
Section 723.256 - Record of board and committee members.
Section 723.262 - Vacancies.
Section 723.266 - Compensation of officials.
Section 723.272 - Conflicts of interest.
Section 723.276 - Executive officers.
Section 723.282 - Authority of directors.
Section 723.286 - Executive committee.
Section 723.292 - Meetings of directors; rules.
Section 723.296 - Duties of directors; delegation of duties.
Section 723.302 - Duties of credit committee.
Section 723.306 - Meetings of credit committee.
Section 723.312 - Loan officers.
Section 723.316 - Chief credit officer.
Section 723.322 - Duties of supervisory committee; verification of member accounts; rules.
Section 723.326 - Suspension and removal of officials; restrictions on service as director.
Section 723.338 - Duty to notify law enforcement officers of violations of Oregon Credit Union Act; investigations; costs.
Section 723.402 - Shares.
Section 723.406 - Dividends.
Section 723.412 - Deposit and deposit certificate accounts; interest; priority.
Section 723.426 - Joint accounts.
Section 723.432 - Trust accounts.
Section 723.434 - Share draft accounts.
Section 723.436
Section 723.442
Section 723.446
Section 723.447 - Certified share drafts.
Section 723.450 - Payment on shares and deposits; restriction on class of shares.
Section 723.452
Section 723.454 - Liens.
Section 723.460 - Reduction in shares.
Section 723.464 - Deposits made in name of minor.
Section 723.466 - Disposition of deposit on death of depositor.
Section 723.468 - Adverse claim to deposit; notice; restraining order or other process; indemnity bond or letter of credit.
Section 723.470 - Checks drawn by agents presumed to be in authorized manner.
Section 723.472 - Checks of intoxicated or drugged persons.
Section 723.474 - Definitions for ORS 723.474 to 723.498.
Section 723.476 - Application of ORS 723.478, 723.480 and 723.482; liability and setoff rights of credit unions.
Section 723.478 - Ownership of multiple-party accounts.
Section 723.480 - Multiple-party accounts; disposition of deposit upon death of party or trustee; effect of will.
Section 723.482 - Rights of survivorship based on form of account; alteration of form of account.
Section 723.484 - Transfers of moneys upon death of depositor or trustee is not testamentary disposition.
Section 723.486 - Multiple party account; payment of deposit to one or more parties; credit union not required to determine source or use of funds in account.
Section 723.488 - Joint account; payment to any party to account; payment to others.
Section 723.490 - P.O.D. account; payment to any original party; payment to others.
Section 723.492 - Trust account; payment to trustee; payment to others.
Section 723.494 - Discharge of credit union for payments made; conditions.
Section 723.496 - Right of credit union to setoff; amount.
Section 723.498 - Designation of agent for account; powers of agent.
Section 723.502 - Purposes; terms.
Section 723.506 - Application.
Section 723.512 - Loan limit; exception.
Section 723.516 - Installments.
Section 723.522 - Line of credit.
Section 723.526 - Other loan programs.
Section 723.532 - Loans to credit union officials; waiver; rules.
Section 723.536 - Loans to nonmembers; personal liability.
Section 723.572 - Insurance for members.
Section 723.576 - Liability insurance for director, officer, employee or agent.
Section 723.582 - Share and deposit insurance.
Section 723.586 - Group purchasing.
Section 723.602 - Investment of funds; rules.
Section 723.631 - Regular reserve; reserve for loan losses; rules.
Section 723.636 - Charges to regular reserve.
Section 723.646 - Special reserves; purpose.
Section 723.672 - Suspension; revocation of charter.
Section 723.676 - Liquidation.
Section 723.682 - Merger; opposition to merger.
Section 723.686 - Conversion of charter.
Section 723.702 - Organization; name.
Section 723.706 - Membership.
Section 723.712 - Voting representative.
Section 723.716 - Additional rights and powers.
Section 723.730 - Corporate central credit union; membership; rights and powers; rules.
Section 723.752 - Application of tax statutes to credit unions.
Section 723.756 - Stock transfer taxes.
Section 723.762 - Participation in government programs.
Section 723.806 - Notice to law enforcement officers of violation of Oregon Credit Union Act; exceptions.
Section 723.812 - Actions; assistance.
Section 723.816 - Prohibited acts.
Section 723.818 - Giving false document, statement or report prohibited.
Section 723.822 - Cease and desist orders; contents; effective date; removal or suspension.
Section 723.826
Section 723.830 - Regulation of services performed for credit union.
Section 723.832 - Application to credit unions existing on September 13, 1975.
Section 723.836 - Effect of amendment or repeal of Oregon Credit Union Act.
Section 723.840 - Limitation on personal liability for good faith act or omission or exercise of judgment or discretion; reliance on information or reports; causes of action.
Section 723.844 - Procedures for opening safe deposit box after death of person who was sole lessee or last surviving lessee of box.
Section 723.992 - Criminal penalties.
Section 723.995 - Civil penalties.