2021 Oregon Revised Statutes
Chapter 713 - Out-of-State Banks and Extranational Institutions
Section 713.140 - Contents of application for certificate of authority; rules; authority to transact business under other laws.


(a) The name, in accordance with the provisions of ORS 713.130.
(b) The state or country under the laws of which the out-of-state bank or extranational institution is organized.
(c) The date of organization.
(d) The period of duration of the out-of-state bank or extranational institution, if the duration is not perpetual.
(e) A mailing address to which the director may send notices.
(f) The address of the main office of the out-of-state bank or extranational institution in the state or country under the laws of which the out-of-state bank or extranational institution is organized.
(g) The name of the proposed registered agent and the street address in this state of the proposed registered office that will receive service of process for the out-of-state bank or extranational institution.
(h) The names and addresses of the president and secretary of the out-of-state bank or extranational institution.
(i) Additional information that the director by rule requires.
(2) The director may prescribe and furnish forms for the application. The president or a vice president and secretary or an assistant secretary of the out-of-state bank or extranational institution shall sign the application.
(3) The out-of-state bank or extranational institution shall also take the steps necessary to become authorized to transact business:
(a) If a corporation, as a foreign corporation under ORS chapter 60;
(b) If a limited partnership, as a foreign limited partnership under ORS chapter 70;
(c) If a limited liability company, as a foreign limited liability company under ORS chapter 63; or
(d) If a business trust, as a business trust under ORS 128.560 to 128.600.
(4) If the out-of-state bank is an unincorporated company, partnership or association, the out-of-state bank shall register the out-of-state bank’s name as an assumed business name as provided in ORS chapter 648. [1989 c.324 §59; 1997 c.631 §295; 2011 c.263 §7]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 18 - Financial Institutions, Insurance

Chapter 713 - Out-of-State Banks and Extranational Institutions

Section 713.010 - Application of Bank Act to out-of-state banks and extranational institutions; powers of out-of-state bank.

Section 713.016 - Requirements for conducting banking business; deposit insurance.

Section 713.025 - Assets requirement for extranational institutions; type; amount.

Section 713.045 - Distribution of assets of extranational institution by director after insolvency or liquidation.

Section 713.090 - Reports; fees; examination and regulation.

Section 713.130 - Name of out-of-state bank or extranational institution.

Section 713.140 - Contents of application for certificate of authority; rules; authority to transact business under other laws.

Section 713.150 - Submission of application; fee; issuance of certificate of authority.

Section 713.170 - Registered office or agent.

Section 713.190 - Service of process on agent; director as agent; fee; affidavit.

Section 713.200 - Delivery of documents filed with Secretary of State; change of name or duration.

Section 713.210 - Withdrawal from state.

Section 713.220 - Application for withdrawal; effect of filing.

Section 713.230 - Revocation of certificate of authority.

Section 713.240 - Procedure for revocation of certificate of authority; restoration; reinstatement; fee.

Section 713.250 - Limits on banks and institutions without certificates of authority.

Section 713.270 - Maintaining out-of-state bank branch in this state; requirements; application; fee; denial of application; enforcement.

Section 713.300 - Out-of-state bank, extranational institution or foreign association; activities that do not constitute transacting business in this state; filing notice with director; fee.