2021 Oregon Revised Statutes
Chapter 713 - Out-of-State Banks and Extranational Institutions
Section 713.230 - Revocation of certificate of authority.


(1) Failed to file a report or pay a fee required under the Bank Act;
(2) Failed to appoint or maintain a registered agent or office in this state as required by ORS 713.170 or failed to maintain authority to transact business as required by ORS 713.140 (3);
(3) Changed the out-of-state bank’s or extranational institution’s registered office or registered agent and failed to submit a statement of the change to the Director of the Department of Consumer and Business Services as required by ORS 713.200 (1);
(4) Misrepresented or allowed a misrepresentation of a material matter in an application, report, affidavit or other document that the out-of-state bank or extranational institution submitted pursuant to the Bank Act;
(5) Failed to submit for filing an application to amend the out-of-state bank’s or extranational institution’s certificate of authority as required by ORS 713.200 (2); or
(6) Failed to submit for filing a certificate of merger or consolidation as required by ORS 713.260. [1989 c.324 §68; 1997 c.631 §303; 2011 c.263 §15]

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.