A certificate of authority for an out-of-state bank or extranational institution to conduct banking business in this state may be revoked if the out-of-state bank or extranational institution:

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Terms Used In Oregon Statutes 713.230

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.

(1) Failed to file a report or pay a fee required under the Bank Act;

(2) Failed to appoint or maintain a registered agent or office in this state as required by ORS § 713.170 or failed to maintain authority to transact business as required by ORS § 713.140 (3);

(3) Changed the out-of-state bank’s or extranational institution’s registered office or registered agent and failed to submit a statement of the change to the Director of the Department of Consumer and Business Services as required by ORS § 713.200 (1);

(4) Misrepresented or allowed a misrepresentation of a material matter in an application, report, affidavit or other document that the out-of-state bank or extranational institution submitted pursuant to the Bank Act;

(5) Failed to submit for filing an application to amend the out-of-state bank’s or extranational institution’s certificate of authority as required by ORS § 713.200 (2); or

(6) Failed to submit for filing a certificate of merger or consolidation as required by ORS § 713.260. [1989 c.324 § 68; 1997 c.631 § 303; 2011 c.263 § 15]