Oregon Statutes 708A.160 – Corporation or limited liability company created to establish ATMs; banking institution as stockholder
Current as of: 2023 | Check for updates
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A banking institution may, subject to the approval of the Director of the Department of Consumer and Business Services, acquire and continue to hold a membership in or the fully paid stock of a limited liability company or corporation that is created to establish and operate ATM facilities. [1997 c.631 § 127; 2015 c.244 § 38]
Terms Used In Oregon Statutes 708A.160
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.