2021 Oregon Revised Statutes
Chapter 711 - Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
Section 711.075 - Conversion of Oregon nonstock bank into financial institution.

2021 Oregon Revised Statutes

Volume : 18 - Financial Institutions, Insurance

Chapter 711 - Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency

Section 711.065 - Conversion of Oregon stock bank into insured stock institution.

Section 711.070 - Conversion of financial institution into Oregon stock bank; application.

Section 711.075 - Conversion of Oregon nonstock bank into financial institution.

Section 711.080 - Conversion of financial institution into Oregon nonstock bank; application.

Section 711.085 - Approval of conversion of Oregon bank by board or shareholders.

Section 711.090 - Conversion of Oregon bank or Oregon trust company to corporation or limited liability company.

Section 711.095 - Approval of plan of conversion; fee.

Section 711.100 - Articles of conversion; effective date of conversion.

Section 711.104 - Rights of member of Oregon bank or Oregon trust company to dissent to conversion from limited liability company to corporation; demand required; notice and offer to pay for shares; cost of appraisal of shares.

Section 711.125 - Merger of Oregon stock bank with insured stock institution; company acquiring shares of Oregon stock bank through share exchange.

Section 711.130 - Approval of plan of merger or share exchange involving Oregon stock bank; contents of plan; fee.

Section 711.135 - Action by director on plan of merger or share exchange involving Oregon stock bank; appeal.

Section 711.140 - Approval of merger or share exchange involving Oregon stock bank by stockholders.

Section 711.145 - Effective date of merger or share exchange involving Oregon stock bank.

Section 711.155 - Approval of merger involving Oregon nonstock bank; contents of plan; fee.

Section 711.160 - Action by director on plan of merger involving Oregon nonstock bank; appeal.

Section 711.165 - Effective date of merger involving Oregon nonstock bank.

Section 711.170 - Sale of assets and transfer of liabilities by Oregon bank; approval of director and board of directors; fee; appeal.

Section 711.175 - Stockholder’s right to dissent to merger, share exchange, transfer of assets or liabilities or conversion.

Section 711.180 - Rights of stockholder dissenting to merger, share exchange, transfer of assets or liabilities or conversion; demand required; notice and offer to pay for shares; costs of appraisal of shares; when rights not applicable.

Section 711.185 - Stockholder withdrawal of demand for payment for shares made under ORS 711.180.

Section 711.190 - Effect of merger or conversion of Oregon bank; rights, powers, duties and liabilities of resulting financial institution.

Section 711.197 - Conditions for resulting Oregon bank to conform with state law.

Section 711.220 - Notice of voluntary liquidation; presentation of claims.

Section 711.230 - Claims; time within which presented; extension of time.

Section 711.235 - Report of liquidation to director; disposition of remaining assets.

Section 711.250 - Engaging in banking or trust business prohibited after liquidation, transfer of deposit liabilities or ceasing to do business for one year; dissolution.

Section 711.400 - Supervision of liquidation by circuit court; called "supervising court."

Section 711.405 - When institution deemed insolvent.

Section 711.430 - Placing business in control of director; notice.

Section 711.435 - Resumption of business of institution placed in control of director.

Section 711.440 - Receivers and assignments for benefit of creditors; notice to and action by director.

Section 711.445 - Notice of taking possession of institution; prohibition against liens subsequent to insolvency.

Section 711.465 - Transfer of liquidation functions to Federal Deposit Insurance Corporation.

Section 711.475 - Inventory of assets; filing notice of taking possession.

Section 711.480 - Sale of assets.

Section 711.500 - Liability of transferor of stock made in contemplation of insolvency; proceedings to relieve stockholder of liability prohibited.

Section 711.510 - Deposit of money collected under ORS 711.495; security for deposit.

Section 711.515 - "Depositor" defined; preferences among depositors.

Section 711.520 - Priority of claimants against assets of Oregon stock bank that is insolvent or in liquidation.

Section 711.535 - Verification and filing of claims; demand for preference.

Section 711.540 - Approval or rejection of claims.

Section 711.545 - Objection to approval of claims.

Section 711.550 - Objection to rejection of claims.

Section 711.554 - Procedure for determination of claims.

Section 711.570 - Lists of claims.

Section 711.577 - Death of depositor; payment of claim.

Section 711.580 - Safety deposit boxes; removal of property.

Section 711.582 - Disposition of contents of safety deposit boxes.

Section 711.585 - Selection of agents to wind up affairs of institution; bond or letter of credit; duties of agent.

Section 711.590 - Disposition of unclaimed deposits; interest.

Section 711.620 - Suspending or restricting payment of liabilities; duration.

Section 711.625 - Taking possession of Oregon stock bank by director; powers of director; expenses.

Section 711.635 - Receiving new deposits; segregation.

Section 711.640 - Termination of suspension or restriction on payment of liabilities.

Section 711.645 - Notice of termination of suspension or restriction on payment of liabilities.