Oregon Statutes - Chapter 716 - Savings Banks - Section 716.205 - Salaries of certain directors.

(1) Subject to the written approval of the Director of the Department of Consumer and Business Services, the board of directors of a savings bank may fix the fee to be paid directors who are not acting as officers or employees of the savings bank.

(2) An attorney for a savings bank, although a director thereof, may receive a reasonable compensation for professional services. [1973 c.797 §359]

Section:  Previous  716.155  716.160  716.180  716.185  716.187  716.190  716.195  716.205  716.210  716.220  716.230  716.240  716.250  716.260  716.270  Next

Last modified: August 7, 2008