ORS 713.260
Merger or consolidation

If an out-of-state bank or extranational institution that has a certificate of authority under ORS 713.020 (Certificate of authority to conduct banking business) ceases to exist because of a statutory merger or consolidation with any other out-of-state bank, an extranational institution or other entity, the resulting institution shall, within 60 days after the effective date of the merger or consolidation, file with the Director of the Department of Consumer and Business Services a certificate from the appropriate public officer of the state, territory or country under the laws of which the out-of-state bank or extranational institution is organized, or other evidence satisfactory to the director to the effect that the out-of-state bank or extranational institution has merged or consolidated and has ceased to exist. [1989 c.324 §71; 1997 c.631 §306; 2011 c.263 §18]

Source: Section 713.260 — Merger or consolidation, https://www.­oregonlegislature.­gov/bills_laws/ors/ors713.­html.

Green check means up to date. Up to date

Current through early 2024

§ 713.260’s source at oregon​.gov