Regulation of Trust Business

ORS 709.240
Oath and bond exemption for trust company appointed as fiduciary


An official oath or indemnity bond or other security shall not be required when a trust company is appointed as fiduciary or during the administration of the trust except as required by ORS 709.030 (Approval to transact trust business) and 709.130 (Indemnity bond when cash and securities of fiduciary account exceed stockholders’ equity or members’ equity in trust company). [Amended by 1973 c.797 §201; 1973 c.823 §144; 1974 c.36 §26]
Chapter 709

Atty. Gen. Opinions

Applicability of licensing and registration requirements under Bank Act to loan solicitation office operating in Oregon, (1985) Vol. 44, p 378


Source

Last accessed
Jun. 26, 2021