(at the request of Senate Interim Committee on Judiciary for Oregon Bankers Association)
Chief Sponsors:
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Regular Sponsors:
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Bill Title:
Relating to banking institutions.
Catchline/Summary:
Provides that certain banking institutions may pay dividend in amount greater than previous statutory maximum amount if such payment is approved by Director of Department of Consumer and Business Services. Provides that certain banking institutions may pay dividend in amount greater than previous statutory maximum amount if such payment is approved by Director of Department of Consumer and Business Services.
Modifies definition of "capital" for purposes of loan and other obligation limits.
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SB 210
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