Oregon Statutes 711.150 – Merger of Oregon nonstock bank with insured nonstock institution
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Subject to the provisions and requirements of ORS § 711.155 to 711.165 and 713.270, an Oregon nonstock bank may merge with any insured nonstock institution if the merger is permitted by the laws of the supervisory authority having jurisdiction over the resulting insured nonstock institution. [1997 c.631 § 275]
Terms Used In Oregon Statutes 711.150
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.