Generally | Midpage

Collections
Oregon Revised Statutes

Organization to Conduct Banking Business

Generally

Generally

707.005Organization required to engage in banking or trust business 707.007Organization of Oregon bank as limited liability company 707.010Certificate required to transact banking business; exemption 707.020Violation of ORS 707.005 or 707.010; investigation; injunction 707.025Organization of banking institution for purpose of merging with, acquiring assets of or assuming liabilities of financial institution; procedure; conditions; fee 707.035Conversion of trust company to Oregon bank 707.050Initial paid-in capital requirement 707.070Application for authority to organize banking institution; fee; contents 707.075Banking institution name 707.080Investigation and ruling on application; conditional approval; appeal 707.090Refusal to file articles of incorporation or grant charter after approval of application 707.100Time for submitting articles of incorporation 707.110Execution and submission of articles of incorporation; contents 707.120Issuance of certificate of incorporation when filings conform to law 707.140Submission of organization information; issuance of charter 707.145Grounds for refusing authority to organize 707.150Refusal of authority to organize; appeal 707.155Authority to require additional investigatory information; fingerprinting 707.160Transaction of business prior to organization; failure to complete organization; liability 707.170Effective date of charter; commencement of business; effect of failure to commence business 707.180Location of principal place of business; change upon approval 707.182Registered agent; registered office 707.184Changes in registered office or agent 707.186Resignation of registered agent; discontinuance of registered office 707.188Service of process on institution or Oregon stock savings bank 707.195Offering documents for sale of stock; approval by director 707.200Payments by subscribers of full amount of stock subscriptions; escrow 707.210Stock issuance after obtaining charter; form of stock certificate; issuance of stock without certificate 707.220Stock record; contents; inspection 707.230Transfer of stock 707.242Bylaws