A credit union shall maintain all books, records, accounting systems and procedures in accordance with such rules as the Director of the Department of Consumer and Business Services from time to time prescribes. In prescribing such rules, the director shall consider the relative size of a credit union and its reasonable capability of compliance.
ORS 723.116
Known as the Oregon Credit Union Act
The act spans §§ 723–723 (180 sections).
1975 c.652 §14; 1991 c.635 §5; 1999 c.185 §9
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.