Oregon Statutes - Chapter 707 - Organization to Conduct Banking Business; Stockholders, Directors and Officers - Section 707.020 - Violation of ORS 707.005 or 707.010; investigation; injunction.

(1) The Director of the Department of Consumer and Business Services may examine the accounts, books and papers of every person the director has reasonable cause to believe is violating any provision of ORS 707.005 or 707.010.

(2) When the director believes, from evidence satisfactory to the director, that any person is violating the provisions of ORS 707.005 or 707.010, the director may cause a complaint to be filed in the circuit court of the county in which the person conducts business to enjoin and restrain the person from continuing the violation. The court shall have jurisdiction of the proceeding and may make and enter an order or judgment awarding such preliminary or final injunctive relief as in its judgment is proper. [Amended by 1973 c.797 §52; 1997 c.631 §31]

Section:  Previous  707.005  707.007  707.010  707.020  707.023  707.025  707.029  707.030  707.035  707.040  707.050  707.060  707.070  707.075  707.080  Next

Last modified: August 7, 2008