OAR 441-505-4020: Exemption for Out of State Trust Company

Edition: Current OARD snapshotEffective: 2019-07-03Last verified: 2026-09-07

An exemption from the trust company certificate of authority and deposit requirements is created under ORS 709.030(4) for an out-of-state trust company that: (1) Has no office in this state; (2) Is regulated in its home state by an authority comparable to the Division of Financial Regulation; and (3) Does not engage in soliciting trust business in Oregon.

Official history and status

Statutory/Other Authority: ORS 709.030(4)(g)

Statutes/Other Implemented: ORS 709.030(4)(g)

History: FSR 10-2019, minor correction filed 07/03/2019, effective 07/03/2019 FCS 6-2007, f. & cert. ef. 10-22-07 FCS 1-1998, f. & cert ef. 3-31-98

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Official source: https://secure.sos.state.or.us/oard/