ORS § 711.199

Current through 2024 Regular Session legislation
Section 711.199 - Valuation of assets on books of resulting Oregon bank

Without approval by the Director of the Department of Consumer and Business Services, an asset shall not be carried on the books of a resulting or converting financial institution that is an Oregon bank at a valuation higher than that on the books of the resulting or converting financial institution at the time of its last examination prior to the effective date of the merger or conversion.

ORS 711.199

Formerly 711.060