Oregon Law
Law as of Jan 1, 2026
Chapter contents
716.010[Repealed by 1973 c.797 §428] 716.020[Amended by 1973 c.797 §344; repealed by 1997 c.631 §567] 716.024Provisions of Bank Act applicable to Oregon savings banks and Oregon stock savings banks 716.028Application for authority to organize; fee; contents 716.029[1985 c.762 §48; repealed by 1997 c.631 §567] 716.030[Repealed by 1973 c.797 §428] 716.032Investigation and ruling on application 716.036[1973 c.797 §348; repealed by 1997 c.631 §567] 716.040Articles of incorporation; contents 716.050Approval of articles; certificate of incorporation; filing 716.055Creation of guaranty and expense funds 716.060Maintenance of guaranty fund or liquidation account 716.070Expense fund 716.080Issuance of charter 716.085[1985 c.786 §52; repealed by 1997 c.631 §567] 716.090[Amended by 1973 c.797 §355; 1975 c.544 §44a; repealed by 1997 c.631 §567] 716.100Effect of failure to complete organization; liabilities 716.110[Amended by 1959 c.185 §14; 1973 c.797 §357; repealed by 1997 c.631 §567] 716.120Conditions precedent to transaction of business 716.130[Repealed by 1973 c.797 §428] 716.135Amendment of articles of incorporation 716.140Resolution for amending articles 716.145Form and content of articles of amendment 716.150[1979 c.88 §21; repealed by 1997 c.631 §567] 716.155[1979 c.88 §22; repealed by 1997 c.631 §567] 716.160Restated articles of incorporation; procedure; contents 716.180Bylaws 716.185Registered agent; registered office 716.187Changes in registered office or agent 716.190Resignation of registered agent; discontinuance of registered office 716.195Service of process on Oregon savings bank 716.205Salaries of certain directors 716.210Number and qualifications of directors 716.220[Repealed by 1973 c.797 §428] 716.230[Repealed by 1973 c.797 §428] 716.240[Repealed by 1973 c.797 §428] 716.250[Repealed by 1973 c.797 §428] 716.260[Amended by 1957 c.169 §1; 1969 c.211 §1; repealed by 1973 c.797 §428] 716.270[Amended by 1973 c.797 §361; repealed by 1997 c.631 §567] 716.280[Amended by 1973 c.797 §362; 1983 c.37 §27; repealed by 1997 c.631 §567] 716.285[1975 c.544 §51; 1979 c.88 §26; 1985 c.786 §48; repealed by 1997 c.631 §567] 716.290[Amended by 1973 c.797 §363; 1981 c.192 §25; 1985 c.786 §49; repealed by 1997 c.631 §567] 716.295[1977 c.135 §32; 1985 c.786 §50; repealed by 1997 c.631 §567] 716.300[Repealed by 1973 c.797 §428] 716.310[Repealed by 1973 c.797 §428] 716.320Removal of director; vacation of director’s office 716.330[Amended by 1973 c.797 §365; repealed by 1997 c.631 §567] 716.410Limitations on investments 716.420Permitted investments 716.430[Repealed by 1959 c.185 §15] 716.440[Repealed by 1959 c.185 §10 (716.441 enacted in lieu of 716.440)] 716.441Investments in equipment trust certificates 716.450Investments in certain obligations 716.460Investments in demand notes secured by deposit accounts 716.470[Amended by 1959 c.185 §13; 1961 c.277 §1; 1965 c.215 §1; 1967 c.198 §1; 1969 c.211 §3; 1971 c.219 §4; 1973 c.797 §371; renumbered 716.552] 716.480[Amended by 1973 c.797 §373; renumbered 716.578] 716.490[Amended by 1973 c.797 §374; renumbered 716.582] 716.500[Amended by 1973 c.797 §375; renumbered 716.584] 716.510[Repealed by 1973 c.797 §428] 716.520Investments in bankers’ acceptances, bills of exchange, savings or time accounts; limits 716.530Investments in corporate bonds, notes and debentures 716.535Investments in common stock of federally chartered corporation providing secondary mortgage sale markets and Federal Home Loan Bank 716.540Investments in obligations of reconstruction and development banks 716.542[1963 c.408 §1; repealed by 1973 c.797 §428] 716.543[1973 c.638 §2; repealed by 1975 c.544 §62] 716.545Investments in bonds of Dominion of Canada 716.550[1959 c.185 §4; repealed by 1973 c.797 §428] 716.552Investments in notes or bonds secured by real estate mortgages or trust deeds 716.554Participation in investments in notes or bonds secured by real estate mortgages or trust deeds 716.555[1959 c.185 §5; repealed by 1973 c.797 §428] 716.556Investment in loans secured by pledged notes or bonds 716.558Investment in notes or bonds secured by mortgages or trust deeds on real property leases 716.560[1959 c.185 §6; repealed by 1973 c.797 §428] 716.562Investment in notes or bonds secured by mortgages or trust deeds to finance building construction and improvement 716.564Investment in notes or bonds secured by mortgages or trust deeds to finance real estate development 716.565[1959 c.185 §7; repealed by 1973 c.797 §428] 716.566Documents to be furnished by borrower in real estate loans 716.568Requirement of insurance for loan secured by mortgage, trust deed or other instrument on real estate 716.570[1959 c.185 §8; repealed by 1973 c.797 §428] 716.572Mortgage loan applications; conditions for granting loan; manner of holding mortgages and trust deeds 716.574Purchase of real estate sale contract as loan; authority to acquire contracts 716.575[1959 c.185 §9; repealed by 1973 c.797 §428] 716.576[1973 c.797 §372; 1979 c.88 §29; 1981 c.192 §30; repealed by 1985 c.554 §13] 716.578Purchase of notes secured by real estate from third persons 716.582[Formerly 716.490; repealed by 1985 c.554 §13] 716.584Limitations on single loans on real estate; exceptions 716.586Credit card transactions 716.588Investments in certain corporate capital stocks; conditions; restrictions on corporate indebtedness 716.590Miscellaneous investments; conditions 716.592Pledging assets to secure public funds 716.594Authority of Oregon savings bank to acquire corporation licensed as insurance producer; rules 716.600Relationship to powers of federal savings banks 716.610General powers; licensing as insurance producer; rules 716.616[1973 c.797 §380a; repealed by 1975 c.291 §1] 716.620[Amended by 1969 c.211 §6; 1971 c.219 §7; repealed by 1973 c.797 §428] 716.622[1973 c.797 §380b; repealed by 1981 c.192 §46] 716.626Certificates indicating contribution to guaranty or expense funds 716.630Real estate held for use as place of business 716.640[Amended by 1957 c.161 §3; repealed by 1973 c.797 §428] 716.645[1957 c.161 §2; 1973 c.797 §383; 1975 c.193 §12; 1977 c.135 §59; 1995 c.79 §355; 1995 c.313 §2; repealed by 1997 c.631 §567] 716.650[Repealed by 1973 c.797 §428] 716.660[Amended by 1961 c.57 §2; repealed by 1973 c.797 §428] 716.670[Amended by 1973 c.797 §384; repealed by 1997 c.631 §567] 716.680[Repealed by 1973 c.797 §428] 716.690[Repealed by 1957 c.168 §2] 716.695[1957 c.168 §1; repealed by 1973 c.797 §428] 716.700[Repealed by 1957 c.168 §2] 716.710[Amended by 1971 c.219 §9; repealed by 1973 c.797 §428] 716.720[Amended by 1961 c.96 §2; 1971 c.219 §10; repealed by 1973 c.797 §428] 716.730[Amended by 1969 c.193 §2; repealed by 1973 c.797 §428] 716.740[Repealed by 1973 c.797 §428] 716.750[Repealed by 1973 c.797 §428] 716.760[Amended by 1953 c.86 §2; 1965 c.214 §1; 1973 c.797 §385; 1975 c.544 §47a; 1981 c.7 §3; repealed by 1997 c.631 §567] 716.770[Repealed by 1973 c.797 §428] 716.780Crediting portion of net earnings to guaranty fund 716.790Computation of guaranty fund 716.800Repayment of contributions made to expense fund and guaranty fund 716.805Determining earnings 716.810[Repealed by 1973 c.797 §428] 716.820[Repealed by 1973 c.797 §428] 716.830Payment of dividends; classification of depositors; certificates of deposit; notice of change of rate 716.840Liability of directors voting improper dividend 716.850False advertising of surplus or guaranty fund prohibited 716.855[1975 c.544 §52; 1997 c.631 §359; renumbered 716.991 in 2001] 716.860[Amended by 1973 c.797 §393; repealed by 1975 c.544 §62] 716.870[Repealed by 1973 c.797 §428] 716.880[Repealed by 1973 c.797 §428] 716.890[Repealed by 1973 c.797 §428] 716.900Voluntary dissolution of Oregon nonstock banks; priority of payment 716.905Notice of intention to close; disposition of unclaimed deposits 716.910Report to director; termination of existence 716.915Voluntary liquidation 716.920[1955 c.690 §3; 1971 c.219 §12; 1973 c.797 §397; 1977 c.135 §60; 1983 c.37 §32; 1983 c.367 §5; 1985 c.12 §14; 1985 c.762 §49; 1987 c.197 §10; 1987 c.445 §8; 1989 c.324 §74; repealed by 1997 c.631 §567] 716.925[1973 c.797 §398; 1977 c.135 §61; 1981 c.192 §34; 1983 c.37 §33; 1987 c.445 §9; repealed by 1997 c.631 §567] 716.930[1973 c.797 §399; 1977 c.135 §62; 1981 c.192 §35; 1983 c.37 §34; 1987 c.445 §10; repealed by 1997 c.631 §567] 716.935[1973 c.797 §400; 1977 c.135 §63; 1979 c.88 §31; 1981 c.192 §36; 1983 c.37 §35; repealed by 1997 c.631 §567] 716.990[Amended by 1973 c.797 §401; 1985 c.762 §50; repealed by 1997 c.631 §567] 716.991Civil penalties

Chapter 716 — Savings Banks

ORS 716.805 Determining earnings

Earnings of a savings bank shall be calculated on an accrual basis according to generally accepted accounting principles.

Official sources · 1Tap to view provenance and version history

Online copy of the published ORS edition

This independent, nongovernmental service preserves the official source behind every rendered section.

Provenance

Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.