Every application for a loan shall be made in the form prescribed by the credit committee, credit manager or loan officer. The application shall state the security, if any offered. Each loan shall be evidenced by a written document.
ORS 723.506
Known as the Oregon Credit Union Act
The act spans §§ 723.001 to 723.995 (180 sections).
1975 c.652 §53; 1991 c.635 §14
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.