Oregon Revised Statutes Chapter 713 § 713.220 — Application for withdrawal; effect of filing
Oregon Revised Statutes Chapter 713 ·
Oregon Code § 713.220·Enacted ·Last updated March 01, 2026
Statute Text
Application for withdrawal; effect of filing.
(1) An out-of-state bank or extranational institution
that applies to withdraw from this state under ORS 713.210 must deliver the
application to the Director of the Department of Consumer and Business
Services. If the director finds that the application conforms to the provisions
of this chapter, the director, when all fees and charges have been paid, shall
file the application to withdraw and return the copy marked Filed to the
sender.
(2) The authority
of the out-of-state bank or extranational institution to conduct banking
business in this state ceases when the application to withdraw is filed. [1989
c.324 §67; 1997 c.631 §302; 2011 c.263 §14]
Plain English Explanation
This Oregon statute addresses Application for withdrawal; effect of filing. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 713.220
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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