ORS 713.230
Revocation of certificate of authority

A certificate of authority for an out-of-state bank or extranational institution to conduct banking business in this state may be revoked if the out-of-state bank or extranational institution:

(1)

Failed to file a report or pay a fee required under the Bank Act;

(2)

Failed to appoint or maintain a registered agent or office in this state as required by ORS 713.170 (Registered office or agent) or failed to maintain authority to transact business as required by ORS 713.140 (Contents of application for certificate of authority) (3);

(3)

Changed the out-of-state bank’s or extranational institution’s registered office or registered agent and failed to submit a statement of the change to the Director of the Department of Consumer and Business Services as required by ORS 713.200 (Delivery of documents filed with Secretary of State) (1);

(4)

Misrepresented or allowed a misrepresentation of a material matter in an application, report, affidavit or other document that the out-of-state bank or extranational institution submitted pursuant to the Bank Act;

(5)

Failed to submit for filing an application to amend the out-of-state bank’s or extranational institution’s certificate of authority as required by ORS 713.200 (Delivery of documents filed with Secretary of State) (2); or

(6)

Failed to submit for filing a certificate of merger or consolidation as required by ORS 713.260 (Merger or consolidation). [1989 c.324 §68; 1997 c.631 §303; 2011 c.263 §15]

Source: Section 713.230 — Revocation of certificate of authority, https://www.­oregonlegislature.­gov/bills_laws/ors/ors713.­html.

Green check means up to date. Up to date

Current through early 2024

§ 713.230’s source at oregon​.gov