ORS
708A.375¹
Obligations of guarantors
In addition to obligations permitted by ORS 708A.295 (Limitations on amount of obligations to Oregon commercial bank), an Oregon commercial bank may acquire obligations of a person, in the form of a guaranty or otherwise, without regard to amount, on account of obligations previously contracted in good faith or to reduce the risk of loss. Any such obligations shall, however, be subject to ORS 708A.295 (Limitations on amount of obligations to Oregon commercial bank) in determining whether the Oregon commercial bank may make additional loans to or acquire other obligations of the person. [1997 c.631 §160]
1 Legislative Counsel Committee, CHAPTER 708A—Regulation of Institutions Generally, https://www.oregonlegislature.gov/bills_laws/Archive/2007ors708A.pdf (2007) (last accessed Feb. 12, 2009).
2 OregonLaws.org contains the contents of Volume 21 of the ORS,
inserted alongside the pertinent statutes.
See the preface to the ORS Annotations for more information.
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information