Oregon Statutes 711.419 – Taking possession of Oregon stock bank by director
Current as of: 2023 | Check for updates
|
Other versions
After an Oregon stock bank commits an act of insolvency or the insurance required for its deposits under ORS § 708A.405 is canceled by the insurer, the Director of the Department of Consumer and Business Services may take possession of the property and affairs of the Oregon stock bank and proceed to liquidate it as provided for an insolvent Oregon stock bank under ORS § 711.400 to 711.615. [1975 c.544 § 34; 1985 c.786 § 42; 1997 c.631 § 244]
[Repealed by 1973 c.797 § 428]
[Repealed by 1973 c.797 § 428]