Statutes, codes, and regulations
Oregon Revised Statutes
Title 53 - FINANCIAL INSTITUTIONSChapter 706 - ADMINISTRATION AND ENFORCEMENT OF BANKING LAWS GENERALLY
SUPERVISION OF BANKING INSTITUTIONS
Section 706.520 - Request by directors or stockholders for examination; costs

ORS § 706.520

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Current through 2024 Regular Session legislation
Section 706.520 - Request by directors or stockholders for examination; costs

When requested in writing by the board of directors of a banking institution or stockholders owning a majority of the capital stock of an institution or an Oregon stock savings bank, the Director of the Department of Consumer and Business Services may make or cause to be made an examination into the affairs and conditions of the banking institution or Oregon stock savings bank. The banking institution or Oregon stock savings bank shall pay the actual costs of the examination as provided in ORS 706.544.

ORS 706.520

Amended by 1973 c.797 §23; 1985 c.762 §26; 1985 c.786 §8; 1997 c.631 §4; 1999 c.59 §214