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 with the requirements of this chapter a certificate of authority to transact business in this state, provided for in ORS 713.140 to 713.160. [Amended by 1965 c.170 §3; 1973 c.797 §310; 1975 c.725 §11; 1983 c.37 §23; 1987 c.197 §8; 1989 c.324 §55; 1991 c.67 §190; 1997 c.631 §287]
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