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Current as of January 01, 2023 | Updated by Findlaw Staff
No redemption or purchase of shares shall be made by an institution or Oregon stock savings bank when it is insolvent or when such redemption or purchase would render it insolvent, or which would reduce the net assets below the aggregate amount payable to the shareholders with prior or equal rights to the assets of the institution or Oregon stock savings bank upon involuntary dissolution.
Cite this article: FindLaw.com - Oregon Revised Statutes Financial Institutions § 707.268 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-53-financial-institutions/or-rev-st-sect-707-268/
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