In the manner specified for issuance of an order under ORS 722.464, the Director of the Department of Consumer and Business Services may revoke a certificate of authority of a foreign association if:
(1) The association fails to conduct its business in this state in a manner consistent with the laws of this state;
(2) The affairs of the association are in an unsafe condition;
(3) The association refuses to permit examination of the financial condition of the association by the director; or
(4) The association fails to pay the proper annual fee. [1975 c.582 §142; 1987 c.215 §5]
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