ORS 707.005: Organization required to engage in banking or trust business.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
It is unlawful for any person to engage in or transact a banking or trust business within this state except by means of an entity duly organized for the purpose. [1973 c.797 §50; 1997 c.631 §29]
This rule cites
No citations extracted.
Cited by
- ORS 56.080: Withdrawal of certificates issued and filings accepted; explanatory statement; withdrawal from filing.
- ORS 705.640: Enforcement authority regarding conduct of banking business; court order; cease and desist order; civil penalty.
- ORS 705.642: Injunction authority regarding conduct of banking business; penalty; attorney fees; claims for restitution, damages or disgorgement of illegal gains.
- ORS 707.020: Violation of ORS 707.005 or 707.010; investigation; injunction.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors707.html