Statutes, codes, and regulations
Oregon Revised Statutes
Title 53 - FINANCIAL INSTITUTIONSChapter 709 - REGULATION OF TRUST BUSINESS
TERMINATION OF TRUST BUSINESS
Section 709.410 - Termination of right to do trust business

ORS § 709.410

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Current through 2024 Regular Session legislation
Section 709.410 - Termination of right to do trust business

The filing by the Director of the Department of Consumer and Business Services of the petition provided for in ORS 709.390 terminates the right of the trust company affected thereby to do a trust business in this state, except as may be necessary to wind up then existing trusts.

ORS 709.410

Amended by 1973 c.797 §211; 1997 c.631 §223