ORS 706.630
Regular reports of condition

  • additional reports as required by director

(1)

The Director of the Department of Consumer and Business Services shall require each Oregon operating institution to submit a report of condition at the close of business on the same day on which the federal regulatory agencies require a report from national banks.

(2)

Intentionally left blank —Ed.

(a)

In the report of condition required under subsection (1) of this section, an Oregon operating institution shall:

(A)

Show the Oregon operating institution’s assets and liabilities combined for all departments at the close of business on the day specified.

(B)

Include a sworn statement as to the accuracy and truth of the report from an officer of the Oregon operating institution that makes the report and an attestation from not less than two directors of the Oregon operating institution.

(b)

The Oregon operating institution shall transmit the report to the director within the time allowed by federal regulations for submitting reports of national bank associations to the federal regulatory agencies.

(3)

The director may require additional reports of condition at any time. The additional reports must meet the requirements of subsection (2) of this section.

(4)

Trust companies that do not conduct banking business need not submit the reports required in subsection (1) of this section, but shall submit reports that the director requires. [Amended by 1973 c.797 §35; 1975 c.544 §3; 1975 c.725 §6a; 1977 c.135 §11; 1983 c.37 §2; 1989 c.269 §1; 1991 c.67 §188; 1997 c.631 §13; 2015 c.244 §10]

Source: Section 706.630 — Regular reports of condition; additional reports as required by director, https://www.­oregonlegislature.­gov/bills_laws/ors/ors706.­html.

706.005
Definitions for Bank Act 706.008
Additional definitions for Bank Act 706.015
Bank Act references to federal statutes and regulations 706.500
Examination of banking institutions and non-Oregon institutions 706.515
Agreements with other bank supervisory agencies and Financial Crimes Enforcement Network 706.520
Request by directors or stockholders for examination 706.530
Annual fees paid by banking institutions and non-Oregon institutions 706.544
Costs for special examination or other actions taken 706.560
Appraisal of securities and audit 706.570
Requirement that banking institution keep books and accounts 706.575
Certificate as evidence that document is filed with director 706.578
Establishment of loan production office 706.580
Illegal, unauthorized or unsafe practices 706.600
Authority to protect creditors and depositors of banking institution or non-Oregon institution 706.610
Examiners required to report insolvency of Oregon operating institution 706.620
Records 706.630
Regular reports of condition 706.650
Delay or failure to furnish reports of condition 706.655
Records of extensions of credit by banking institutions 706.690
Transfer of stock or controlling interest 706.700
Resignation or retirement of director, president or chief executive officer 706.710
Waiver of retirement or resignation notices 706.720
Reports filed with director 706.723
Confidential documents 706.725
False statements, reports and book entries 706.730
Depositor and debtor information confidential 706.775
Enforcement of Bank Act 706.780
Notice to law enforcement officers of Bank Act violations 706.785
Attorney General to conduct actions 706.790
Rules 706.795
Rules authorizing banking institutions to exercise powers of certain financial institutions 706.815
Single account for moneys relating to supervision of Oregon operating institutions 706.980
Civil penalties 706.990
Criminal penalties
Green check means up to date. Up to date

Current through early 2024

§ 706.630’s source at oregon​.gov