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ORS 723.402

Known as the Oregon Credit Union Act

The act spans §§ 723–723 (180 sections).

1975 c.652 §42; 1985 c.801 §4; 1987 c.158 §153; 1987 c.650 §7

(1) Shares may be subscribed to, paid for and transferred in such manner as the bylaws prescribe.

(2) A certificate need not be issued to denote ownership of a share in a credit union.

Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.