Under ORS 723.152(4), a credit union has the power to acquire, lease, hold and dispose of property necessary or incidental to its operations. A credit union’s ownership of fixed assets is limited as described by OAR 441-710-0240 to 441-710-0270.

Statutory/Other Authority

ORS 723.102

Statutes/Other Implemented

ORS 723.152

History

FCS 2-2005, f. & cert. ef. 8-25-05
BB 4-1982, f. 8-24-82, cert. ef. 9-1-82, Renumbered from 805-072-0305