Department of Consumer and Business Services

ORS 705.638
“Company” defined

  • organization requirements for companies conducting banking business


For purposes of this section, “company” means a corporation, nonprofit corporation, cooperative, limited liability company, partnership, limited liability partnership, limited partnership, business trust, association or other business entity.


A company organized under the laws of this state for the purposes of conducting a banking business as defined in ORS 706.005 (Definitions for Bank Act) (6) either within or outside this state shall be organized under ORS chapter 707. [2001 c.315 §44; 2009 c.541 §26]


Last accessed
Jun. 26, 2021