Oregon Revised Statutes Chapter 709 § 709.600 — Regulation of trust business by corporations formed prior to adoption of Bank
Oregon Revised Statutes Chapter 709 ·
Oregon Code § 709.600·Enacted ·Last updated March 01, 2026
Statute Text
Regulation of trust business by corporations formed prior to adoption of Bank
Act; regulation of other business.
(1) Trust business done by corporations created prior to the adoption of the
Bank Act (General Laws 1925, chapter 207) shall be subject to regulation by the
Director of the Department of Consumer and Business Services and such
corporations engaged in trust business are subject to the provisions, including
the filing and fee requirements, of ORS chapters 706 to 716.
(2) If a
corporation subject to subsection (1) of this section also carries on business
other than a trust business, the Corporation Commissioner may retain a copy of
the articles of incorporation and other filings. As provided in ORS 60.957,
such corporations also shall continue to be subject to the provisions,
including the filing and fee requirements, of ORS chapter 60. [Formerly
709.500]
PENALTIES
Plain English Explanation
This Oregon statute addresses Regulation of trust business by corporations formed prior to adoption of Bank
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 709.600
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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