Oregon Revised Statutes Chapter 714 § 714.064 — Time
Oregon Revised Statutes Chapter 714 ·
Oregon Code § 714.064·Enacted ·Last updated March 01, 2026
Statute Text
Time
to commence business.
A branch shall commence business within one year after the banking institution
files notice with the Director of the Department of Consumer and Business
Services under ORS 714.025. The director may extend for one additional year the
period within which the banking institution may establish the branch. If a
branch fails to commence business within the year or any extension of time the
director grants, the director shall deem the banking institution to have
withdrawn the notice and the branch may not open or operate. [1997 c.631 §319;
2015 c.244 §88f]
Plain English Explanation
This Oregon statute addresses Time
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 714.064
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Time
. 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 § 714.064. Use this format in legal documents and court filings.
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