Oregon Revised Statutes Chapter 707 § 707.025 — Organization of banking institution for purpose of merging with, acquiring
Oregon Revised Statutes Chapter 707 ·
Oregon Code § 707.025·Enacted ·Last updated March 01, 2026
Statute Text
Organization of banking institution for purpose of merging with, acquiring
assets of or assuming liabilities of financial institution; procedure;
conditions; fee.
(1) One or more persons or a corporation may organize a banking institution
under this section solely for the purpose of merging with, acquiring the assets
of or assuming the liabilities of one or more existing financial institutions
under ORS chapter 711 and, except as otherwise provided in this section,
without authority to engage in or transact banking or trust business.
(2)
Notwithstanding ORS 707.050, 707.070, 707.080 to 707.120, 707.140, 707.170 or
Plain English Explanation
This Oregon statute addresses Organization of banking institution for purpose of merging with, acquiring
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 707.025
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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