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Current as of January 01, 2023 | Updated by FindLaw Staff
A certificate of authority for an out-of-state bank or extranational institution to conduct banking business in this state may be revoked if the out-of-state bank or extranational institution:
(1) Failed to file a report or pay a fee required under the Bank Act;
(2) Failed to appoint or maintain a registered agent or office in this state as required by ORS 713.170 or failed to maintain authority to transact business as required by ORS 713.140 (3);
(3) Changed the out-of-state bank's or extranational institution's registered office or registered agent and failed to submit a statement of the change to the Director of the Department of Consumer and Business Services as required by ORS 713.200 (1);
(4) Misrepresented or allowed a misrepresentation of a material matter in an application, report, affidavit or other document that the out-of-state bank or extranational institution submitted pursuant to the Bank Act;
(5) Failed to submit for filing an application to amend the out-of-state bank's or extranational institution's certificate of authority as required by ORS 713.200 (2); or
(6) Failed to submit for filing a certificate of merger or consolidation as required by ORS 713.260.
Cite this article: FindLaw.com - Oregon Revised Statutes Financial Institutions § 713.230 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-53-financial-institutions/or-rev-st-sect-713-230/
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 or via Westlaw before relying on it for your legal needs.
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