Oregon § 713.280 Effect of laws of state or country in which out-of-state bank or extranational institution is organized

Oregon Statutes

§ 713.280 — Effect of laws of state or country in which out-of-state bank or extranational institution is organized

Oregon § 713.280

Vol.18

Title 53Financial Institutions

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

This text of Oregon § 713.280 (Effect of laws of state or country in which out-of-state bank or extranational institution is organized) 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. § 713.280 (2026).

Text

The Director of the Department of Consumer and Business Services may not deny a certificate of authority to an out-of-state bank or extranational institution solely because the laws of the state or country under which the out-of-state bank or extranational institution is organized, or the laws that govern the organization and internal affairs of the out-of-state bank or extranational institution, differ from the laws of this state. This chapter does not authorize this state to regulate the organization or internal affairs of an out-of-state bank or extranational institution.

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The Director of the Department of Consumer and Business Services may not deny a certificate of authority to an out-of-state bank or extranational institution solely because the laws of the state or country under which the out-of-state bank or extranational institution is organized, or the laws that govern the organization and internal affairs of the out-of-state bank or extranational institution, differ from the laws of this state. This chapter does not authorize this state to regulate the organization or internal affairs of an out-of-state bank or extranational institution.