2021 Oregon Revised Statutes
Chapter 716 - Savings Banks
Section 716.900 - Voluntary dissolution of Oregon nonstock banks; priority of payment.


(2) Before approving the plan for closing the Oregon nonstock bank under subsection (1) of this section, the director may make a special examination of the condition and affairs of the Oregon nonstock bank. [Amended by 1973 c.797 §394; 1979 c.88 §30; 1983 c.37 §30; 1997 c.631 §360]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 18 - Financial Institutions, Insurance

Chapter 716 - Savings Banks

Section 716.024 - Provisions of Bank Act applicable to Oregon savings banks and Oregon stock savings banks.

Section 716.028 - Application for authority to organize; fee; contents.

Section 716.040 - Articles of incorporation; contents.

Section 716.050 - Approval of articles; certificate of incorporation; filing.

Section 716.055 - Creation of guaranty and expense funds.

Section 716.060 - Maintenance of guaranty fund or liquidation account.

Section 716.070 - Expense fund.

Section 716.080 - Issuance of charter.

Section 716.100 - Effect of failure to complete organization; liabilities.

Section 716.120 - Conditions precedent to transaction of business.

Section 716.135 - Amendment of articles of incorporation.

Section 716.145 - Form and content of articles of amendment.

Section 716.160 - Restated articles of incorporation; procedure; contents.

Section 716.185 - Registered agent; registered office.

Section 716.187 - Changes in registered office or agent.

Section 716.190 - Resignation of registered agent; discontinuance of registered office.

Section 716.195 - Service of process on Oregon savings bank.

Section 716.205 - Salaries of certain directors.

Section 716.210 - Number and qualifications of directors.

Section 716.320 - Removal of director; vacation of director’s office.

Section 716.420 - Permitted investments.

Section 716.441 - Investments in equipment trust certificates.

Section 716.450 - Investments in certain obligations.

Section 716.520 - Investments in bankers’ acceptances, bills of exchange, savings or time accounts; limits.

Section 716.535 - Investments in common stock of federally chartered corporation providing secondary mortgage sale markets and Federal Home Loan Bank.

Section 716.540 - Investments in obligations of reconstruction and development banks.

Section 716.545 - Investments in bonds of Dominion of Canada.

Section 716.554 - Participation in investments in notes or bonds secured by real estate mortgages or trust deeds.

Section 716.566 - Documents to be furnished by borrower in real estate loans.

Section 716.572 - Mortgage loan applications; conditions for granting loan; manner of holding mortgages and trust deeds.

Section 716.574 - Purchase of real estate sale contract as loan; authority to acquire contracts.

Section 716.584 - Limitations on single loans on real estate; exceptions.

Section 716.586 - Credit card transactions.

Section 716.588 - Investments in certain corporate capital stocks; conditions; restrictions on corporate indebtedness.

Section 716.590 - Miscellaneous investments; conditions.

Section 716.594 - Authority of Oregon savings bank to acquire corporation licensed as insurance producer; rules.

Section 716.600 - Relationship to powers of federal savings banks.

Section 716.610 - General powers; licensing as insurance producer; rules.

Section 716.626 - Certificates indicating contribution to guaranty or expense funds.

Section 716.630 - Real estate held for use as place of business.

Section 716.780 - Crediting portion of net earnings to guaranty fund.

Section 716.790 - Computation of guaranty fund.

Section 716.800 - Repayment of contributions made to expense fund and guaranty fund.

Section 716.830 - Payment of dividends; classification of depositors; certificates of deposit; notice of change of rate.

Section 716.900 - Voluntary dissolution of Oregon nonstock banks; priority of payment.

Section 716.905 - Notice of intention to close; disposition of unclaimed deposits.