In addition to obligations permitted under ORS 708A.295, an Oregon commercial bank may make loans to and acquire other obligations of a person without regard to amount to the extent the obligations are insured, guaranteed or covered by commitments or agreements to take over or purchase made by a private mortgage insurance company, the State of Oregon, any Federal Reserve Bank, the United States or any department, bureau, board, commission or agency of the United States, including any corporation wholly owned, directly or indirectly, by the United States. [1997 c.631 §156]
Section: Previous 708A.320 708A.325 708A.330 708A.335 708A.340 708A.345 708A.350 708A.355 708A.360 708A.365 708A.370 708A.375 708A.400 708A.405 708A.410 NextLast modified: August 7, 2008