Oregon Statutes - Chapter 713 - Out-of-State Banks and Extranational Institutions

• 713.010   Application of Bank Act to out-of-state banks and extranational institutions; powers of out-of-state bank.
  (1) Every activity engaged in by every out-of-state bank and extranational institution conducting a banking business in this state is subject to all of the...
• 713.011   [1993 c.229 §14; repealed by 1997 c.631 §567]
• 713.012   [1973 c.797 §308; 1975 c.725 §9; 1979 c.362 §1; 1981 c.192 §22; 1983 c.37 §22; 1987 c.445 §16; repealed by 1997 c.631 §567]
• 713.016   Requirements for conducting banking business; deposit insurance.
  (1) An out-of-state state bank shall not conduct banking business in this state unless its insurable deposits are insured by the Federal Deposit Insurance Corporation...
• 713.020   Certificate of authority to conduct banking business.
  The Director of the Department of Consumer and Business Services shall issue to an out-of-state state bank or extranational institution that applies and that complies...
• 713.025   Assets requirement for extranational institutions; type; amount.
  (1) Except as provided in subsection (4) of this section and ORS 713.300, every extranational institution with one or more offices in this state shall...
• 713.030   [Repealed by 1973 c.797 §428]
• 713.035   Failure to maintain required assets; notice to director; effect of deficiency.
  If at the close of any banking day an extranational institution does not have on deposit the assets required to be maintained under ORS 713.025,...
• 713.040   [Repealed by 1973 c.797 §428]
• 713.045   Distribution of assets of extranational institution by director after insolvency or liquidation.
  (1) If an extranational institution becomes insolvent or goes into voluntary or involuntary liquidation or cannot otherwise pay its deposit or other liabilities, the Director...
• 713.050   [Amended by 1973 c.797 §313; repealed by 1997 c.631 §567]
• 713.060   [Amended by 1973 c.797 §314; 1974 s.s. c.15 §1; 1975 c.725 §12; 1979 c.88 §14; repealed by 1997 c.631 §567]
• 713.070   [Amended by 1973 c.797 §315; 1975 c.725 §13; repealed by 1997 c.631 §567]
• 713.080   [Amended by 1973 c.797 §316; 1975 c.725 §14; 1981 c.192 §23; repealed by 1997 c.631 §567]
• 713.090   Reports; fees; examination and regulation.
  (1) Every out-of-state state bank and every extranational institution conducting banking business in this state shall file reports under oath with the Director of the...
• 713.100   [Amended by 1973 c.797 §318; 1975 c.725 §16; repealed by 1997 c.631 §567]
• 713.110   [Amended by 1973 c.797 §319; repealed by 1997 c.631 §567]
• 713.120   [1989 c.324 §57; repealed by 1997 c.631 §567]
• 713.130   Name of bank or institution.
  (1) The Director of the Department of Consumer and Business Services shall not issue a certificate of authority to an out-of-state state bank or extranational...
• 713.140   Contents of application for certificate of authority; rules; authority to transact business under other laws.
  (1) To procure a certificate of authority to conduct banking business in this state, an out-of-state state bank or extranational institution shall apply to the...
• 713.150   Submission of application; fee; issuance of certificate of authority.
  (1) The out-of-state state bank or extranational institution shall submit the application for a certificate of authority, together with an application fee of $500, to...
• 713.160   Transaction of business under certificate of authority.
  Upon the issuance of a certificate of authority by the Director of the Department of Consumer and Business Services, the out-of-state state bank or extranational...
• 713.170   Registered office, agent or representative.
  Each out-of-state state bank and each extranational institution authorized to conduct banking business in this state shall have and continuously maintain in this state: (1)...
• 713.180   [1989 c.324 §63; repealed by 1997 c.631 §567]
• 713.190   Service of process on agent; director as agent; fee.
  (1) The registered agent appointed by an out-of-state state bank or extranational institution authorized to transact business in this state shall be an agent of...
• 713.200   Delivery of documents filed with Secretary of State; change of name or duration.
  (1) Every out-of-state state bank and every extranational institution that has been issued a certificate of authority to conduct banking business in this state shall...
• 713.210   Withdrawal from state.
  (1) An out-of-state state bank or extranational institution that has been issued a certificate of authority to conduct banking business in this state may withdraw...
• 713.220   Application for withdrawal; effect of filing.
  (1) The application to withdraw shall be delivered to the Director of the Department of Consumer and Business Services. If the director finds that such...
• 713.230   Revocation of certificate of authority.
  The certificate of authority of an out-of-state state bank or extranational institution to conduct banking business in this state may be revoked when: (1) The...
• 713.240   Procedure for revocation of certificate of authority; restoration; reinstatement; fee.
  (1) Whenever an out-of-state state bank or extranational institution has given cause for revocation of its certificate of authority as provided in ORS 713.230 and...
• 713.250   Limits on banks and institutions without certificates of authority.
  (1) No out-of-state state bank or extranational institution conducting banking business in this state without a certificate of authority shall be permitted to maintain any...
• 713.260   Merger or consolidation.
  Whenever an out-of-state state bank or extranational institution that has been issued a certificate of authority under ORS 713.020 ceases to exist because of a...
• 713.270   Out-of-state bank conducting banking business at a branch.
  (1) Notwithstanding any other provision of the Bank Act, no out-of-state bank may conduct banking business at a branch located in this state unless the...
• 713.280   Effect of laws of state or country in which out-of-state bank or extranational institution is organized.
  An out-of-state state bank or extranational institution shall not be denied a certificate of authority by reason of the fact that the laws of the...
• 713.290   Requirements for deposits at office of extranational institution.
  An extranational institution shall not accept deposits at any office in this state in an amount less than $100,000, unless the insurable deposits of that...
• 713.300   Activities of out-of-state bank, extranational institution or foreign association that do not constitute transacting business in this state; filing statement with director; fee.
  (1) For purposes of this section, “foreign association” means a foreign association as defined in ORS 722.004 or a federal association as defined in ORS...
• 713.990   Civil penalties.
  The Director of the Department of Consumer and Business Services may impose on any person violating any provision of this chapter a civil penalty of...

Last modified: August 7, 2008