(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 the Director of the Department of Consumer and Business Services for filing. The out-of-state state bank or extranational institution shall also deliver with the completed application a certificate of existence or a document of similar import, duly authenticated by the official with custody of records in the state or country under whose law it is organized and a copy of the documents filed to comply with ORS 713.140 (3) evidencing filing of such documents by the Secretary of State.
(2) If the director finds that such application conforms to this chapter, the director, when all fees and charges have been paid, shall issue and return to the sender a certificate of authority to conduct banking business in this state with the copy of the filed application. [1989 c.324 §60; 1997 c.631 §296]Section: Previous 713.080 713.090 713.100 713.110 713.120 713.130 713.140 713.150 713.160 713.170 713.180 713.190 713.200 713.210 713.220 Next
Last modified: August 7, 2008