Chapter 715 — Chapter 715

ORS 715.010 [Amended by 1973 c.797 §336; 1977 c.135 §27; 1979 c.88 §15; 1983 c.296 §9; 1985 c.12 §8; 1989 c.12 §1; 1989 c.447 §1; repealed by 1997 c.631 §567]

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ORS 715.012 Application to become financial holding company or bank holding company of Oregon stock bank; filing with Federal Reserve Board and director. (1) If a company proposes to become a financial holding company or a bank holding company of an Oregon stock bank, when the company files its application and any related materials with the Federal Reserve Board, the company shall submit to the Director of the Department of Consumer and Business Services copies of the application and related materials

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ORS 715.015 [1973 c.797 §337; 1975 c.544 §41; 1977 c.135 §28; 1979 c.88 §16; 1985 c.12 §9; 1985 c.786 §44; repealed by 1997 c.631 §567]

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ORS 715.017 Out-of-state financial holding companies; out-of-state bank holding companies. An out-of-state financial holding company or an out-of-state bank holding company may become the financial holding company or the bank holding company of

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ORS 715.019 Mutual financial holding companies; mutual bank holding companies; authority; rules. (1) An Oregon nonstock bank may, pursuant to rules adopted by the Director of the Department of Consumer and Business Services, reorganize so that the resulting entities are an Oregon stock savings bank, controlled by a mutual financial holding company or a mutual bank holding company. For purposes of this section, a “mutual financial holding company or a mutual bank holding company” is a financial holding company or a bank holding company that does not issue capital stock. The mutual financial holding company shall be mutually owned by the depositors of the reorganizing Oregon nonstock bank and shareholders of other companies under the control of the mutual financial holding company. The mutual bank holding company shall be mutually owned by the depositors of the reorganizing Oregon nonstock bank

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ORS 715.020 [Repealed by 1973 c.797 §428]

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ORS 715.025 [1973 c.797 §338; 1985 c.12 §10; repealed by 1997 c.631 §567]

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ORS 715.030 [Repealed by 1973 c.797 §428]

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ORS 715.035 [1973 c.797 §339; 1977 c.135 §29; 1983 c.37 §24; 1985 c.786 §45; repealed by 1997 c.631 §567]

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ORS 715.040 [Repealed by 1973 c.797 §428]

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ORS 715.045 Examination of certain financial holding companies or bank holding companies; payment of costs of examination. (1) The Director of the Department of Consumer and Business Services may examine the books, accounts, records and files of a financial holding company or a bank holding company of an Oregon stock bank when the director considers it necessary to evaluate the condition of the Oregon stock bank that is a subsidiary of the financial holding company or the bank holding company

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ORS 715.050 [Repealed by 1973 c.797 §428]

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ORS 715.055 Submission of reports filed with Federal Reserve Board; additional information; rules; penalty for failure to submit. (1) A financial holding company or a bank holding company of an Oregon stock bank shall submit to the Director of the Department of Consumer and Business Services, in a form and format specified by the director, a copy of specified reports that the financial holding company or the bank holding company is required to submit to the Federal Reserve Board. The financial holding company or bank holding company shall submit the copies to the director within the time periods required by applicable federal law and regulation for filing the originals with the Federal Reserve Board

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ORS 715.065 [1985 c.12 §12; 1987 c.371 §3; 1995 c.6 §4; repealed by 1997 c.631 §567]

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ORS 715.070 [1985 c.12 §13; 1987 c.371 §4; repealed by 1997 c.631 §567]

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ORS 715.075 Authority of financial holding company or bank holding company to acquire corporation licensed as insurance producer; rules. A financial holding company or a bank holding company may acquire and hold all or part of the stock of a corporation that is or may thereafter be licensed as an insurance producer as required by ORS 744.053 to transact one or more of the classes of insurance described in ORS 744.062, subject to the following requirements

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ORS 715.090 Authority of financial holding company or bank holding company to share information concerning customers with controlled company. (1) A financial holding company or bank holding company may share financial and credit information concerning its customers with any company of which it directly or indirectly controls 50 percent or more of the voting shares. Any company so controlled by a financial holding company or bank holding company may share information concerning its customers with the financial holding company or bank holding company and with any other company so controlled by the same financial holding company or bank holding company. This section shall not be construed as otherwise permitting or limiting the sharing or disclosure of information

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ORS 715.100 [1985 c.12 §17; repealed by 1987 c.371 §5]

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ORS 715.910 [1975 c.544 §43; repealed by 1997 c.631 §567]

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ORS 715.990 [Amended by 1973 c.797 §342; repealed by 1975 c.544 §62]

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