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of Bank Act to out-of-state banks and extranational institutions; powers of out-of-state bank 713.011[1993 c.229 §14; repealed by 1997 c.631 §567] 713.012[1973 c.797 §308; 1975 c.725 §9; 1979 c.362 §1; 1981 c.192 §22; 1983 c.37 §22; 1987 c.445 §16; repealed by 1997 c.631 §567] 713.016Requirements for conducting banking business; deposit insurance 713.020Certificate of authority to conduct banking business 713.025Assets requirement for extranational institutions; type; amount 713.030[Repealed by 1973 c.797 §428] 713.035Failure to maintain required assets; notice to director; effect of deficiency 713.040[Repealed by 1973 c.797 §428] 713.045Distribution of assets of extranational institution by director after insolvency or liquidation 713.050[Amended by 1973 c.797 §313; repealed by 1997 c.631 §567] 713.060[Amended by 1973 c.797 §314; 1974 s.s. c.15 §1; 1975 c.725 §12; 1979 c.88 §14; repealed by 1997 c.631 §567] 713.070[Amended by 1973 c.797 §315; 1975 c.725 §13; repealed by 1997 c.631 §567] 713.080[Amended by 1973 c.797 §316; 1975 c.725 §14; 1981 c.192 §23; repealed by 1997 c.631 §567] 713.090Reports; fees; examination and regulation 713.100[Amended by 1973 c.797 §318; 1975 c.725 §16; repealed by 1997 c.631 §567] 713.110[Amended by 1973 c.797 §319; repealed by 1997 c.631 §567] 713.120[1989 c.324 §57; repealed by 1997 c.631 §567] 713.130Name of out-of-state bank or extranational institution 713.140Contents of application for certificate of authority; rules; authority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of banking business under certificate of authority 713.170Registered office or agent 713.180[1989 c.324 §63; repealed by 1997 c.631 §567] 713.190Service of process on agent; director as agent; fee; affidavit 713.200Delivery of documents filed with Secretary of State; change of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 713.230 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 or failed to maintain authority to transact business as required by ORS 713.140 (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 (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 (2); or

(6)

Failed to submit for filing a certificate of merger or consolidation as required by ORS 713.260.

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