Statutes, codes, and regulations
Oregon Revised Statutes
Title 53 - FINANCIAL INSTITUTIONSChapter 707 - ORGANIZATION TO CONDUCT BANKING BUSINESS; STOCKHOLDERS, DIRECTORS AND OFFICERS
GENERALLY
Section 707.150 - Refusal of authority to organize; appeal

ORS § 707.150

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Current through 2024 Regular Session legislation effective April 17, 2024
Section 707.150 - Refusal of authority to organize; appeal

Notwithstanding the provisions of ORS chapter 183, the Director of the Department of Consumer and Business Services may, without prior hearing or opportunity therefor, refuse to grant authority to organize a banking institution. In case authority to organize is refused by the director, the applicants may within 30 days after the refusal appeal the decision to any court of appropriate jurisdiction.

ORS 707.150

Amended by 1971 c.734 §172; 1973 c.797 §62; 1975 c.544 §8b; 1997 c.631 §49