The reasonable charges and expenses of organization or reorganization of an institution or Oregon stock savings bank, and the reasonable expenses of and compensation for the sale or underwriting of its shares, may be paid or allowed by such institution or Oregon stock savings bank out of the consideration received by it in payment for its shares without rendering such shares not fully paid and nonassessable. [1989 c.324 §31; 1997 c.631 §69]
Section: Previous 707.252 707.254 707.256 707.258 707.260 707.262 707.264 707.266 707.268 707.270 707.272 707.310 707.320 707.330 707.340 NextLast modified: August 7, 2008