Title 53, Financial Institutions
10 chapters · 500 sections in this title.
ORS 715.012 Application to become financial holding company or bank holding company of Oregon stock bank; filing with Federal Reserve Board and director
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(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 Consum…
ORS 715.017 Out-of-state financial holding companies; out-of-state bank holding companies
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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: (1) An Oregon stock bank or an in-state federal stock bank, by itself or together with any predecessor, only if the Oregon st…
ORS 715.019 Mutual financial holding companies; mutual bank holding companies; authority; rules
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(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 co…
ORS 715.045 Examination of certain financial holding companies or bank holding companies; payment of costs of examination
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(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 Orego…
ORS 715.055 Submission of reports filed with Federal Reserve Board; additional information; rules; penalty for failure to submit
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(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 th…
ORS 715.075 Authority of financial holding company or bank holding company to acquire corporation licensed as insurance producer; rules
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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.…
ORS 715.090 Authority of financial holding company or bank holding company to share information concerning customers with controlled company
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(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 compa…