Oregon Law
Law as of Jan 1, 2026
Chapter contents
713.010Application of Bank Act to out-of-state banks and extranational institutions; powers of out-of-state bank 713.011[1993 c.229 §14; repealed by 1997 c.631 §567] 713.012[1973 c.797 §308; 1975 c.725 §9; 1979 c.362 §1; 1981 c.192 §22; 1983 c.37 §22; 1987 c.445 §16; repealed by 1997 c.631 §567] 713.016Requirements for conducting banking business; deposit insurance 713.020Certificate of authority to conduct banking business 713.025Assets requirement for extranational institutions; type; amount 713.030[Repealed by 1973 c.797 §428] 713.035Failure to maintain required assets; notice to director; effect of deficiency 713.040[Repealed by 1973 c.797 §428] 713.045Distribution of assets of extranational institution by director after insolvency or liquidation 713.050[Amended by 1973 c.797 §313; repealed by 1997 c.631 §567] 713.060[Amended by 1973 c.797 §314; 1974 s.s. c.15 §1; 1975 c.725 §12; 1979 c.88 §14; repealed by 1997 c.631 §567] 713.070[Amended by 1973 c.797 §315; 1975 c.725 §13; repealed by 1997 c.631 §567] 713.080[Amended by 1973 c.797 §316; 1975 c.725 §14; 1981 c.192 §23; repealed by 1997 c.631 §567] 713.090Reports; fees; examination and regulation 713.100[Amended by 1973 c.797 §318; 1975 c.725 §16; repealed by 1997 c.631 §567] 713.110[Amended by 1973 c.797 §319; repealed by 1997 c.631 §567] 713.120[1989 c.324 §57; repealed by 1997 c.631 §567] 713.130Name of out-of-state bank or extranational institution 713.140Contents of application for certificate of authority; rules; authority to transact business under other laws 713.150Submission of application; fee; issuance of certificate of authority 713.160Conduct of banking business under certificate of authority 713.170Registered office or agent 713.180[1989 c.324 §63; repealed by 1997 c.631 §567] 713.190Service of process on agent; director as agent; fee; affidavit 713.200Delivery of documents filed with Secretary of State; change of name or duration 713.210Withdrawal from state 713.220Application for withdrawal; effect of filing 713.230Revocation of certificate of authority 713.240Procedure for revocation of certificate of authority; restoration; reinstatement; fee 713.250Limits on banks and institutions without certificates of authority 713.260Merger or consolidation 713.270Maintaining out-of-state bank branch in this state; requirements; application; fee; denial of application; enforcement 713.280Effect of laws of state or country in which out-of-state bank or extranational institution is organized 713.290Requirements for deposits at office of extranational institution 713.300Out-of-state bank, extranational institution or foreign association; activities that do not constitute transacting business in this state; filing notice with director; fee 713.990Civil penalties

Chapter 713 — Out-of-State Banks and Extranational Institutions

ORS 713.016 Requirements for conducting banking business; deposit insurance

(1)

An out-of-state bank may not conduct banking business in this state unless the Federal Deposit Insurance Corporation insures the out-of-state bank’s insurable deposits and the out-of-state bank has received a certificate of authority to conduct banking business pursuant to ORS 713.020 and 713.140 to 713.160.

(2)

An extranational institution may not conduct banking business in this state unless the extranational institution complies with the requirements of ORS 713.025. This subsection and ORS 713.025 do not apply to an extranational institution that has a branch office in this state and was lawfully conducting banking business on December 31, 1966.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Earlier statutory text is available in an ingested published ORS edition.