§ 707.005 Organization required to engage in banking or trust business
§ 707.007 Organization of Oregon bank as limited liability company
§ 707.010 Certificate required to transact banking business; exemption
§ 707.020 Violation of ORS 707.005 or 707.010; investigation; injunction
§ 707.025 Organization of banking institution for purpose of merging with, acquiring assets of or assuming liabilities of financial institution; procedure; conditions; fee
§ 707.035 Conversion of trust company to Oregon bank
§ 707.050 Initial paid-in capital requirement
§ 707.070 Application for authority to organize banking institution; fee; contents
§ 707.075 Banking institution name
§ 707.080 Investigation and ruling on application; conditional approval; appeal
§ 707.090 Refusal to file articles of incorporation or grant charter after approval of application
§ 707.100 Time for submitting articles of incorporation
§ 707.110 Execution and submission of articles of incorporation; contents
§ 707.120 Issuance of certificate of incorporation when filings conform to law
§ 707.140 Submission of organization information; issuance of charter
§ 707.145 Grounds for refusing authority to organize
§ 707.150 Refusal of authority to organize; appeal
§ 707.155 Authority to require additional investigatory information; fingerprinting
§ 707.160 Transaction of business prior to organization; failure to complete organization; liability
§ 707.170 Effective date of charter; commencement of business; effect of failure to commence business
§ 707.180 Location of principal place of business; change upon approval
§ 707.182 Registered agent; registered office
§ 707.184 Changes in registered office or agent
§ 707.186 Resignation of registered agent; discontinuance of registered office
§ 707.188 Service of process on institution or Oregon stock savings bank
§ 707.195 Offering documents for sale of stock; approval by director
§ 707.200 Payments by subscribers of full amount of stock subscriptions; escrow
§ 707.210 Stock issuance after obtaining charter; form of stock certificate; issuance of stock without certificate
§ 707.220 Stock record; contents; inspection
§ 707.230 Transfer of stock
§ 707.242 Bylaws

Terms Used In Oregon Statutes > Chapter 707 > Organization to Conduct Banking Business > Generally

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Ballot: means any material on which votes may be cast for candidates or measures. See Oregon Statutes 246.012
  • Business: means any corporation, partnership, proprietorship, firm, enterprise, franchise, association, organization, self-employed individual and any other legal entity operated for economic gain but excluding any income-producing not-for-profit corporation that is tax exempt under section 501(c) of the Internal Revenue Code with which a public official or a relative of the public official is associated only as a member or board director or in a nonremunerative capacity. See Oregon Statutes 244.020
  • Candidate: means an individual for whom a declaration of candidacy, nominating petition or certificate of nomination to public office has been filed or whose name is printed on a ballot or is expected to be or has been presented, with the individual's consent, for nomination or election to public office. See Oregon Statutes 244.020
  • City: includes any incorporated village or town. See Oregon Statutes 174.100
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County clerk: means the county clerk or the county official in charge of elections. See Oregon Statutes 246.012
  • County court: includes board of county commissioners. See Oregon Statutes 174.100
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Docket: A log containing brief entries of court proceedings.
  • Election: means any election held within this state. See Oregon Statutes 246.012
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executive session: A portion of the Senate's daily session in which it considers executive business.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Governing body: means the governing body of any subdivision of the state. See Oregon Statutes 246.012
  • 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.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • local government: means all cities, counties and local service districts located in this state, and all administrative subdivisions of those cities, counties and local service districts. See Oregon Statutes 174.116
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Precinct: means any election precinct. See Oregon Statutes 246.012
  • public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109
  • Public office: has the meaning given that term in ORS § 260. See Oregon Statutes 244.020
  • Public official: means the First Partner and any person who, when an alleged violation of this chapter occurs, is serving the State of Oregon or any of its political subdivisions or any other public body as defined in ORS § 174. See Oregon Statutes 244.020
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • special government body: means any of the following:

    (a) A public corporation created under a statute of this state and specifically designated as a public corporation. See Oregon Statutes 174.117

  • state government: means the executive department, the judicial department and the legislative department. See Oregon Statutes 174.111
  • State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Testify: Answer questions in court.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • Violate: includes failure to comply. See Oregon Statutes 174.100