Oregon Revised Statutes Chapter 711 § 711.075 — Conversion of Oregon nonstock bank into financial institution
Oregon Revised Statutes Chapter 711 ·
Oregon Code § 711.075·Enacted ·Last updated March 01, 2026
Statute Text
Conversion of Oregon nonstock bank into financial institution.
(1) An Oregon nonstock bank may
convert into a financial institution subject to the prior approval of the
supervisory authority having jurisdiction over the proposed resulting financial
institution.
(2) Upon
completion of the conversion of an Oregon nonstock bank, its charter shall
terminate, except for the purposes specified in ORS 711.190. [1997 c.631 §267]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 711.075
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Conversion of Oregon nonstock bank into financial institution. Read the full statute text above for details.
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The formal citation is Oregon Code § 711.075. Use this format in legal documents and court filings.
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