Oregon § 713.220 Application for withdrawal; effect of filing

Oregon Statutes

§ 713.220 — Application for withdrawal; effect of filing

Oregon § 713.220

Vol.18

Title 53Financial Institutions

Ch. 713Out-of-State Banks and Extranational Institutions

This text of Oregon § 713.220 (Application for withdrawal; effect of filing) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 713.220 (2026).

Text

(1)An out-of-state bank or extranational institution that applies to withdraw from this state under ORS 713.210 must deliver the application to the Director of the Department of Consumer and Business Services. If the director finds that the application conforms to the provisions of this chapter, the director, when all fees and charges have been paid, shall file the application to withdraw and return the copy marked “Filed” to the sender.

(2)The authority of the out-of-state bank or extranational institution to conduct banking business in this state ceases when the application to withdraw is filed.

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(1) An out-of-state bank or extranational institution that applies to withdraw from this state under ORS 713.210 must deliver the application to the Director of the Department of Consumer and Business Services. If the director finds that the application conforms to the provisions of this chapter, the director, when all fees and charges have been paid, shall file the application to withdraw and return the copy marked “Filed” to the sender.
(2) The authority of the out-of-state bank or extranational institution to conduct banking business in this state ceases when the application to withdraw is filed.