Oregon Code § 709.340·Enacted ·Last updated March 01, 2026
Statute Text
Trust
company quitting business; examination.
A trust company quitting business shall furnish to
the Director of the Department of Consumer and Business Services satisfactory
evidence of its release and discharge from all obligations and trusts provided
for in the Bank Act. The director shall examine the trust company, and, if the
director is satisfied after the examination that the trust company has
discharged all its obligations and trusts, the director shall revoke its
certificate of authority and deliver up all securities on deposit with the director
under ORS 709.030. [Amended by 1973 c.797 §207]
Plain English Explanation
This Oregon statute addresses Trust
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 709.340
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Trust
. 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 § 709.340. Use this format in legal documents and court filings.
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