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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) After a plan of conversion is approved under ORS 711.095, the converting Oregon bank or Oregon trust company shall file articles of conversion with the Director of the Department of Consumer and Business Services. The articles shall:
(a) State the name and type of the business entity prior to conversion;
(b) State the name and type of the business entity after conversion; and
(c) Include the plan of conversion.
(2) The conversion takes effect on the date the articles of conversion are filed with the director, unless the articles of conversion state another effective date.
Cite this article: FindLaw.com - Oregon Revised Statutes Financial Institutions § 711.100 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-53-financial-institutions/or-rev-st-sect-711-100/
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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