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Section 709.005 - Certificate of authority to transact trust business; application; contents; fee; exceptions. - (2) To procure a certificate of authority to transact trust...
Section 709.015 - Organization as limited liability company. - (2) With respect to any Oregon trust company that is...
Section 709.030 - Approval to transact trust business; exceptions; deposit of cash, securities, letter of credit or surety bond with director; amount. - (a) Cash or interest-bearing securities that have a ready market...
Section 709.040 - Securities eligible for deposit. - (1) Interest-bearing bonds, notes or obligations of the United States...
Section 709.050 - Trust companies depositing securities guaranteed by mortgage insurance and mortgage participation certificates. - (1) Notes or bonds secured by mortgages or deeds of...
Section 709.080 - Charges for handling securities; collection procedure. - (2) If a trust company does not, after due notice,...
Section 709.120 - Substitution of deposit securities; income of securities deposited. - (2) All interest, income or dividends from all securities deposited...
Section 709.150 - General powers of trust companies. - (1) Act as a fiscal or transfer agent of the...
Section 709.160 - Solicitation and performance of legal business. - (2) A trust company that violates subsection (1) of this...
Section 709.170 - Establishment of and investment in common trust funds; rules; accounting. - (2) A trust company may establish common trust funds for...
Section 709.175 - Limitation on investment of trust funds; exceptions. - (a) The trust company or the trust company’s directors, officers...
Section 709.190 - Trust department kept separate; records of securities; retention of records. - (2) The books and accounts of the trust department shall...
Section 709.200 - Acquisition or investment of trust property in own name or name of nominee. - (2) Upon the satisfaction, conveyance or investment of trust property,...
Section 709.220 - Handling of funds awaiting investment or distribution; security for use of funds. - (a) Bonds or other securities eligible for the investment of...
Section 709.280 - Loans to directors, officers, employees or affiliates. - (2) An officer, director or employee of a trust company...
Section 709.300 - Transaction of trust business by national bank. - (2) Every national bank that is authorized to transact trust...
Section 709.330 - Sale or transfer of assets or liabilities; effect on fiduciary relations. - (2) The sale or transfer of assets or liabilities does...
Section 709.350 - Successor trustee upon liquidation or receivership; appointment and qualification; petition by director; applicability of state laws. - (2) Upon the filing of the petition, the court shall...
Section 709.390 - Discontinuance of trust business; determination of claims against deposit of securities. - (a) Stating that the trust company is closing, dissolving or...
Section 709.400 - Order to start court action; publication of order; jurisdiction over securities; notice to trustor; applicability of state laws. - (2) A copy of the order shall be published in...
Section 709.420 - Actions or suits on claims; service of summons; preference on calendar. - (2) An action shall not be considered to have begun...
Section 709.430 - Release or payment of deposit pending suit; distribution of deposits upon determination of suit. - (2) When all actions on claims against the deposit are...
Section 709.450 - Sale and disposition of securities to pay expenses, costs and claims. - (1) The unpaid charges and expenses described in ORS 709.440;...
Section 709.460 - Application of ORS 709.390 to 709.450 to merger or consolidation; return of security deposit after merger or consolidation. - (2) Immediately following the completion of a merger or consolidation...
Section 709.520 - Conversion to out-of-state trust company; conversion to Oregon trust company; procedures. - (2) An out-of-state trust company that follows the procedures prescribed...
Section 709.535 - Sale of assets or transfer of liabilities; approval by stockholders and director; appeal. - (2) If an Oregon trust company proposes to transfer all...
Section 709.600 - Regulation of trust business by corporations formed prior to adoption of Bank Act; regulation of other business. - (2) If a corporation subject to subsection (1) of this...
Section 709.980 - Civil penalties. - (2) All money forfeited under this section shall be paid...