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Oregon Revised Statutes Financial Institutions § 706.795

Current as of January 01, 2023 | Updated by Findlaw Staff

Notwithstanding any other provision of law, the Director of the Department of Consumer and Business Services may, in accordance with ORS 183.310, 183.315, 183.330, 183.335 and 183.341 to 183.410, make rules that authorize banking institutions to exercise any of the powers conferred upon any financial institution that is conducting banking business or trust business in this state, if the director finds that the exercise of the power:

(1) Serves the public convenience and advantage; and

(2) Promotes or maintains fair competition between banking institutions and other financial institutions.

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Cite this article: FindLaw.com - Oregon Revised Statutes Financial Institutions § 706.795 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-53-financial-institutions/or-rev-st-sect-706-795/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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