ORS § 713.280

Current through 2024 Regular Session legislation
Section 713.280 - Effect of laws of state or country in which out-of-state bank or extranational institution is organized

The Director of the Department of Consumer and Business Services may not deny a certificate of authority to an out-of-state bank or extranational institution solely because the laws of the state or country under which the out-of-state bank or extranational institution is organized, or the laws that govern the organization and internal affairs of the out-of-state bank or extranational institution, differ from the laws of this state. This chapter does not authorize this state to regulate the organization or internal affairs of an out-of-state bank or extranational institution.

ORS 713.280

1997 c.631 §285; 2011 c. 263, § 20