Oregon Law
Law as of Jan 1, 2024
Chapter contents
715.010[Amended by 1973 c.797 §336; 1977 c.135 §27; 1979 c.88 §15; 1983 c.296 §9; 1985 c.12 §8; 1989 c.12 §1; 1989 c.447 §1; repealed by 1997 c.631 §567] 715.012Application to become financial holding company or bank holding company of Oregon stock bank; filing with Federal Reserve Board and director 715.015[1973 c.797 §337; 1975 c.544 §41; 1977 c.135 §28; 1979 c.88 §16; 1985 c.12 §9; 1985 c.786 §44; repealed by 1997 c.631 §567] 715.017Out-of-state financial holding companies; out-of-state bank holding companies 715.019Mutual financial holding companies; mutual bank holding companies; authority; rules 715.020[Repealed by 1973 c.797 §428] 715.025[1973 c.797 §338; 1985 c.12 §10; repealed by 1997 c.631 §567] 715.030[Repealed by 1973 c.797 §428] 715.035[1973 c.797 §339; 1977 c.135 §29; 1983 c.37 §24; 1985 c.786 §45; repealed by 1997 c.631 §567] 715.040[Repealed by 1973 c.797 §428] 715.045Examination of certain financial holding companies or bank holding companies; payment of costs of examination 715.050[Repealed by 1973 c.797 §428] 715.055Submission of reports filed with Federal Reserve Board; additional information; rules; penalty for failure to submit 715.065[1985 c.12 §12; 1987 c.371 §3; 1995 c.6 §4; repealed by 1997 c.631 §567] 715.070[1985 c.12 §13; 1987 c.371 §4; repealed by 1997 c.631 §567] 715.075Authority of financial holding company or bank holding company to acquire corporation licensed as insurance producer; rules 715.090Authority of financial holding company or bank holding company to share information concerning customers with controlled company 715.100[1985 c.12 §17; repealed by 1987 c.371 §5] 715.910[1975 c.544 §43; repealed by 1997 c.631 §567] 715.990[Amended by 1973 c.797 §342; repealed by 1975 c.544 §62]

Chapter 715 — Bank Holding Companies; Financial Holding Companies

ORS 715.012 Application to become financial holding company or bank holding company of Oregon stock bank; filing with Federal Reserve Board and director

(1)

If a company proposes to become a financial holding company or a bank holding company of an Oregon stock bank, when the company files its application and any related materials with the Federal Reserve Board, the company shall submit to the Director of the Department of Consumer and Business Services copies of the application and related materials.

(2)

The director may submit comments and recommendations for approval or disapproval to the Federal Reserve Board concerning any application to become a financial holding company or a bank holding company of an Oregon stock bank that is filed with the Federal Reserve Board.

(3)

Following the filing of an application to become a financial holding company or a bank holding company and the submission to the director of the materials described in subsection (1) of this section, the company shall submit to the director copies of any written communications between itself and the Federal Reserve Board that relate to the application, including copies of any written approval or denial of the application. A copy of each such written communication shall be submitted to the director within 10 days after the original thereof is sent or received by the company.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.