If the Director of the Department of Consumer and Business Services has reason to believe that a person has violated any provision of the Oregon Credit Union Act for which criminal prosecution is provided, the director shall give the information relative to the violation to the federal, state or local law enforcement agency having jurisdiction of the violation. This section does not apply, however, if an official of the credit union has reported the information to the proper law enforcement officer under ORS § 723.338. [1975 c.652 § 81; 1979 c.88 § 36]

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Terms Used In Oregon Statutes 723.806

  • Department: means the Department of Consumer and Business Services. See Oregon Statutes 723.001
  • Director: means the Director of the Department of Consumer and Business Services. See Oregon Statutes 723.001
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Official: means any of the following:

    (a) An individual who is or was a director or officer of the credit union; or

    (b) An individual who is or was a member of a credit union's credit committee or supervisory committee. See Oregon Statutes 723.001

  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100