Oregon Code § 706.795·Enacted ·Last updated March 01, 2026
Statute Text
Rules
authorizing banking institutions to exercise powers of certain financial
institutions.
Notwithstanding any other provision of law, the Director of the Department of
Consumer and Business Services may, in accordance with ORS 183.310, 183.315,
183.330, 183.335 and 183.341 to 183.410, make rules that authorize banking
institutions to exercise any of the powers conferred upon any financial
institution that is conducting banking business or trust business in this
state, if the director finds that the exercise of the power:
(1) Serves the
public convenience and advantage; and
(2) Promotes or
maintains fair competition between banking institutions and other financial
institutions. [Formerly 706.555; 1997 c.631 §23; 2015 c.244 §14]
Plain English Explanation
This Oregon statute addresses Rules
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 706.795
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Rules
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 706.795. Use this format in legal documents and court filings.
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