Oregon Statutes - Chapter 723 - Credit Unions - Section 723.502 - Purposes; terms.

A credit union may make loans to members of the credit union for such purpose and upon such security and terms as the credit committee, credit manager or loan officer approves. A person who is not a member of the credit union may be a guarantor or coobligor on a credit unionís loan to a member of the credit union. [1975 c.652 §52; 1981 c.412 §8; 2007 c.343 §7]

Section:  Previous  723.486  723.488  723.490  723.492  723.494  723.496  723.498  723.502  723.506  723.510  723.512  723.516  723.520  723.522  723.526  Next

Last modified: August 7, 2008