reglab/statecodes huggingface dataset:
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.220 - Application for withdrawal; effect of filing.

(1) An out-of-state bank or extranational institution that applies to withdraw from this state under ORS 713.210 must deliver the application to the Director of the Department of Consumer and Business Services. If the director finds that the application conforms to the provisions of this chapter, the director, when all fees and charges have been paid, shall file the application to withdraw and return the copy marked "Filed" to the sender.
(2) The authority of the out-of-state bank or extranational institution to conduct banking business in this state ceases when the application to withdraw is filed. [1989 c.324 §67; 1997 c.631 §302; 2011 c.263 §14]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.230 - Revocation of certificate of authority.

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:
(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]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.250 - Limits on banks and institutions without certificates of authority.

(1) An out-of-state bank or extranational institution that conducts banking business in this state without a certificate of authority may not maintain an action, suit or proceeding in a court of this state until the out-of-state bank or extranational institution obtains a certificate of authority.
(2) An out-of-state bank’s or extranational institution’s failure to obtain a certificate of authority to conduct banking business in this state does not impair the validity of a contract or an act of the out-of-state bank or extranational institution, and does not prevent the out-of-state bank or extranational institution from defending an action, suit or proceeding in a court of this state.
(3) An out-of-state bank or extranational institution that conducts banking business in this state without a certificate of authority is liable to this state for the years or partial years during which the out-of-state bank or extranational institution conducted banking business in this state without a certificate of authority. The amount of the liability is equal to all fees, assessments and other charges that the out-of-state bank or extranational institution would have paid under the Bank Act had the out-of-state bank or extranational institution duly applied for and received a certificate of authority to conduct banking business in this state and filed all reports required under the Bank Act, plus all penalties imposed under the Bank Act for failure to pay the fees and charges. The Attorney General may bring proceedings to recover amounts due this state under the provisions of this section. [1989 c.324 §70; 1997 c.631 §305; 2011 c.263 §17]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.260 - Merger or consolidation.

If an out-of-state bank or extranational institution that has a certificate of authority under ORS 713.020 ceases to exist because of a statutory merger or consolidation with any other out-of-state bank, an extranational institution or other entity, the resulting institution shall, within 60 days after the effective date of the merger or consolidation, file with the Director of the Department of Consumer and Business Services a certificate from the appropriate public officer of the state, territory or country under the laws of which the out-of-state bank or extranational institution is organized, or other evidence satisfactory to the director to the effect that the out-of-state bank or extranational institution has merged or consolidated and has ceased to exist. [1989 c.324 §71; 1997 c.631 §306; 2011 c.263 §18]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.270 - Maintaining out-of-state bank branch in this state; requirements; application; fee; denial of application; enforcement.

(1) An out-of-state bank, including a savings bank organized under the laws of another state, may open, occupy or maintain a branch in this state that results from:
(a) Acquiring another bank or branch of another bank that is located in this state; or
(b) Merging with or converting from another bank or branch of another bank that is located in this state.
(2) An out-of-state bank may conduct banking business in this state under the provisions of subsection (1) of this section or by opening one or more de novo branches in this state if the laws of the jurisdiction in which the out-of-state bank’s principal office is located expressly permit an Oregon bank to open one or more de novo branches in the jurisdiction under conditions that are not more restrictive than the conditions this chapter imposes on an out-of-state bank.
(3) An out-of-state bank must submit an application for a certificate of authority to conduct banking business in this state to the Director of the Department of Consumer and Business Services at the time that the out-of-state bank files with the out-of-state bank’s home state or primary federal regulator for approval to open, occupy or maintain a branch in this state.
(4) At the time the out-of-state bank applies for a certificate of authority, the out-of-state bank must pay the application fee prescribed in ORS 713.150.
(5) If the director authorizes an out-of-state bank to open, occupy or maintain a branch in this state, the out-of-state bank may exercise the powers and authorities that the laws of this state authorize for Oregon banks unless the laws of the out-of-state bank’s home state limit the powers and authorities.
(6) If the director determines that an out-of-state bank’s opening, occupying or maintaining of a branch in this state is not consistent with the laws of this state or that the branch would operate in an unsafe or unsound manner, the director shall notify the out-of-state bank that:
(a) The director has denied the out-of-state bank’s application for a certificate of authority to conduct banking business in this state; and
(b) The out-of-state bank may not conduct banking business at a branch located in this state.
(7) If the director determines that a branch that an out-of-state bank maintains in this state is being operated in violation of the laws of this state or that the branch is being operated in an unsafe or unsound manner, the director may take all enforcement actions the director could take with respect to an Oregon bank, except that the director shall notify the responsible bank supervisory agency of each enforcement action the director takes and, to the extent practicable, shall consult and cooperate with the responsible bank supervisory agency in pursuing and resolving the enforcement action. [1997 c.631 §284; 2011 c.263 §19]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › 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. [1997 c.631 §285; 2011 c.263 §20]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.290 - Requirements for deposits at office of extranational institution.

An extranational institution may not accept deposits at an office in this state in an amount less than $250,000, unless the Federal Deposit Insurance Corporation insures the insurable deposits of the office or the Federal Deposit Insurance Act and the regulations of the Federal Deposit Insurance Corporation do not require insurance. [1997 c.631 §289; 2011 c.263 §21]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.300 - Out-of-state bank, extranational institution or foreign association; activities that do not constitute transacting business in this state; filing notice with director; fee.

(1) For purposes of this section, "foreign association" means a corporation organized to transact savings and loan business under federal law or under the laws of another state or territory of the United States, the home state or territory of which is a state or territory other than Oregon.
(2) Subject to subsection (3) of this section, an out-of-state bank, extranational institution or foreign association, without being authorized to transact banking business or savings and loan business in this state, may take, acquire, hold and enforce notes secured by mortgages or trust deeds and make commitments to purchase the notes. The out-of-state bank, extranational institution or foreign association may foreclose the mortgages or trust deeds in the courts of this state, acquire the mortgaged property, hold, own and operate the property for a period not exceeding five years and dispose of the property. The activities that this subsection authorizes an out-of-state bank, extranational institution or foreign association to engage in do not constitute transacting business in this state for the purposes of ORS chapter 60.
(3) Before an out-of-state bank, extranational institution or foreign association engages in an activity described in subsection (2) of this section, the out-of-state bank, extranational institution or foreign association shall first file with the Department of Consumer and Business Services a notice that states that the out-of-state bank, extranational institution or foreign association intends to engage in one or more of the activities described in subsection (2) of this section. The out-of-state bank, extranational institution or foreign association shall pay an initial filing fee of $200 and an annual fee of $200. The notice must include the address of the principal place of business of the out-of-state bank, extranational institution or foreign association.
(4) An out-of-state bank, extranational institution or foreign association that is authorized to transact banking business in this state under ORS 713.160 need not comply with subsection (3) of this section.
(5) An out-of-state bank, extranational institution or foreign association that indirectly engages in the activities described in subsection (2) of this section because of a beneficial interest in a pool of notes secured by mortgages or trust deeds need not comply with subsection (3) of this section. [1999 c.30 §4; 2009 c.541 §32; 2015 c.244 §87; 2017 c.209 §1]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 713 - Out-of-State Banks and Extranational Institutions › Section 713.990 - Civil penalties.

The Director of the Department of Consumer and Business Services may impose on any person that violates any provision of this chapter a civil penalty of up to $1,000 for each day during which the offense continues. The penalty shall be assessed and collected in the manner prescribed in ORS 706.570 (3). [1997 c.631 §308; 2015 c.244 §88]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.015 - Branches not in compliance with ORS 714.025 to 714.079 prohibited.

Banking institutions shall not establish or maintain branches except as expressly authorized in ORS 714.025 to 714.079 and 714.995. [1997 c.631 §312]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.025 - Notice required to establish branches in Oregon or outside of Oregon; fee; rules.

(1)(a) A banking institution may establish and operate one or more branches within or outside this state. Not later than 30 days before the board of directors of a banking institution establishes a branch, the banking institution shall file a notice with the Director of the Department of Consumer and Business Services that sets forth the name of the banking institution, the proposed location of the branch and the date on which the branch will begin operating. The director shall promptly advise the banking institution if the notice is incomplete or if the director requires additional information.
(b) The director may limit or restrict a banking institution’s ability to establish an additional branch if the director determines that establishing an additional branch would adversely affect the banking institution’s safety and soundness. A banking institution may appeal the director’s decision in a contested case proceeding in accordance with ORS chapter 183.
(2) Mobile banking facilities described in ORS 714.035 and temporary branches are branches for purposes of this section. A temporary branch is a branch that operates for a period not to exceed 60 days, a period that may not be extended. The application fee for a temporary branch is $100. The director may establish rules regarding temporary branches.
(3) Branches to be located in other countries or to be located in dependencies or insular possessions of the United States are subject to the requirements of this section and ORS 714.045. [1997 c.631 §313; 2015 c.244 §88a]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.035 - Mobile banking facilities.

A banking institution may, in accordance with ORS 714.025, establish one or more mobile facilities to engage in the banking business or to transact trust business. Mobile banking facilities may operate within this state and in other states. [1997 c.631 §314; 2015 c.244 §88b]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.045 - Establishment of foreign branches; furnishing information; examination; rules.

(1) A banking institution may establish branches in foreign countries or dependencies or insular possessions of the United States in accordance with ORS 714.025 if it possesses stockholder’s equity of at least $1 million.
(2) A banking institution operating such branches shall furnish information concerning the condition of the branches to the Director of the Department of Consumer and Business Services upon demand.
(3) The director may order special examinations of such branches.
(4) The director may promulgate rules regarding such branches pursuant to ORS 183.310, 183.315, 183.330, 183.335, 183.341 and 183.410. [1997 c.631 §315]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.049 - Investigating notices; soliciting comments.

The Director of the Department of Consumer and Business Services shall investigate each notice that a banking institution files under ORS 714.025. With respect to notices for branches that the banking institution will locate outside this state, the director shall promptly provide the local bank supervisory agency or regulator with a copy of the notice and an opportunity to comment on the notice. The director is not bound by the local bank supervisory agency’s or regulator’s comments. [1997 c.631 §316; 2015 c.244 §88c]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.054 - Limiting or restricting banking institution’s ability to establish branch.

With respect to notices to establish branches in this state or another state, the Director of the Department of Consumer and Business Services may limit or restrict a banking institution’s ability to establish a branch, except that the director’s failure to limit or restrict the banking institution’s ability to establish the branch within 30 days after receiving a complete notice is a decision not to limit or restrict the banking institution’s ability to establish the branch. With respect to notices by banking institutions to establish branches in foreign countries or dependencies or insular possessions of the United States, the director may limit or restrict a banking institution’s ability to establish a branch, except that the director’s failure to limit or restrict the banking institution’s ability to establish the branch within 90 days after receiving a complete notice is a decision not to limit or restrict the banking institution’s ability to establish a branch. [1997 c.631 §317; 2015 c.244 §88d]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.059 - Certificate authorizing branch to conduct business.

At a banking institution’s request, the Director of the Department of Consumer and Business Services shall issue and deliver a certificate to authorize each branch for which the banking institution has given notice under ORS 714.025 to conduct business. [1997 c.631 §318; 2015 c.244 §88e]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.064 - Time to commence business.

A branch shall commence business within one year after the banking institution files notice with the Director of the Department of Consumer and Business Services under ORS 714.025. The director may extend for one additional year the period within which the banking institution may establish the branch. If a branch fails to commence business within the year or any extension of time the director grants, the director shall deem the banking institution to have withdrawn the notice and the branch may not open or operate. [1997 c.631 §319; 2015 c.244 §88f]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.069 - Activities and powers at branches outside this state.

(1) A banking institution may exercise the same powers and engage in the same activities at a branch or branches located in states outside this state as are permitted the banking institution within this state.
(2) A banking institution may exercise the same powers and engage in the same activities at a branch or branches located in foreign countries and dependencies or insular possessions of the United States as are permitted the banking institution within this state and in addition may exercise such additional powers as are permitted to such branches under 12 C.F.R. 211.3(b), 12 C.F.R. 347.3(c) and other applicable federal law. This subsection shall not be construed to permit a banking institution that opens, occupies or maintains one or more branches in a foreign country or dependency or insular possession of the United States to use the branch or branches or engage in any activities within this state that are not permitted to the banking institution under the laws of this state. [1997 c.631 §320]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.075 - Reports of deposits held at branches.

Upon the call for a report of condition by the Director of the Department of Consumer and Business Services:
(1) Each Oregon commercial bank and Oregon savings bank shall report to the director the total deposits held at each of its branches; and
(2) Each non-Oregon institution and each federal bank that in either case holds deposits of the State of Oregon or any political subdivision thereof, or that underwrites bonds or other debt instruments issued by the state or any political subdivision thereof, shall report to the director the total deposits held at each of its branches located in the State of Oregon. [1997 c.631 §321]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.079 - Closure and relocation of branches.

A banking institution may close and relocate branches provided the banking institution provides the Director of the Department of Consumer and Business Services with a copy of any notice required under 12 U.S.C. 1831r-1(a), or comparable federal law, at the time and in the form required by such law or laws. [1997 c.631 §322]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.095 - Establishment of branches by out-of-state banks in this state; powers and activities at branches.

(1) An out-of-state bank may occupy and maintain the out-of-state bank’s initial branches in this state if and only if the out-of-state bank acquires the branches in accordance with ORS chapters 711 and 713.
(2) An out-of-state bank that is properly occupying and maintaining one or more branches in this state in accordance with ORS chapters 711 and 713 may thereafter open, occupy and maintain one or more additional branches in this state.
(3) An out-of-state bank that acquires branches in accordance with ORS chapters 711 and 713 is entitled to exercise powers and engage in activities at the out-of-state bank’s branches in this state as provided in ORS 713.010 and applicable federal law. [1997 c.631 §324; 2015 c.244 §88g]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.105 - Establishment of branches by extranational institutions in this state; powers and activities at branches.

(1) An extranational banking institution may occupy and maintain branches in this state as permitted by ORS chapter 713 and applicable federal law.
(2) An extranational banking institution may exercise powers and engage in activities at branches located in this state as permitted by ORS chapter 713 and applicable federal law. [1997 c.631 §325]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.205 - Disclosure of fees for ATM transaction; method; rules.

(1) If the operator of an ATM charges a fee to any person to use the ATM, the operator shall disclose to persons using the ATM that a fee will be imposed for the ATM transaction.
(2) Subject to subsection (3) of this section, the disclosure required under subsection (1) of this section shall be made electronically during the ATM transaction and shall allow the person who will be charged a fee to cancel the ATM transaction without incurring a fee. The disclosure shall also be printed on the ATM transaction receipt.
(3) The Director of the Department of Consumer and Business Services may adopt rules conforming the disclosure requirements of subsection (2) of this section to disclosure requirements contained in:
(a) Any law enacted by the Congress of the United States; or
(b) Any regulation adopted by any federal agency having regulatory authority over ATMs. [1997 c.631 §310b]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.210 - Use of ATMs; verification; application of branch banking law.

(1) A banking institution, through its own facilities or those of an entity described in ORS 708A.160, may make available for use by its customers and others one or more ATMs. Every transaction initiated through an ATM shall be subject to verification by the banking institution either by direct wire transmission or otherwise.
(2) ORS 714.025 does not apply to the establishment and maintenance of ATMs. [1975 c.193 §3; 1993 c.381 §2; 1997 c.631 §309]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.270 - Prohibitions on use of ATM for banking information.

No person shall use or attempt to use an ATM facility for the purpose of obtaining any information concerning an account or line of credit other than the person’s own account or line of credit without the prior approval of an authorized signer on the account or line of credit. No person having received prior approval of the customer shall utilize such authority to obtain through the use of the ATM any information not necessary to the transaction which the customer seeks to accomplish through its use. [1975 c.193 §9; 1993 c.381 §7; 1997 c.631 §310]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.280 - Legislative intent of ATM and night deposit facility law.

(1) It is the intent of the Legislative Assembly in enacting ORS 714.280 to 714.315 to enhance the safety of consumers using ATMs and night deposit facilities in Oregon without discouraging the siting of ATMs and night deposit facilities in locations convenient to consumers’ homes and workplaces. Since decisions concerning safety at ATMs and night deposit facilities are inherently subjective, the Legislative Assembly intends to establish as the standard of care applicable to operators of ATMs and night deposit facilities in connection with user safety, the compliance with the objective standards and information requirements of ORS 714.280 to 714.315. The Legislative Assembly further recognizes the need for uniformity as to the establishment of safety standards for ATMs and night deposit facilities and intends with ORS 714.280 to 714.315 to supersede and preempt any rule, regulation, code or ordinance of any city, county, municipality or local agency regarding customer safety at ATMs and night deposit facilities in this state.
(2) It is not the intent of the Legislative Assembly in enacting ORS 714.280 to 714.315 to impose a duty to relocate or modify ATMs or night deposit facilities upon the occurrence of any particular events or circumstances, but rather to establish a means for the evaluation of all ATMs and night deposit facilities as provided in ORS 714.210 to 714.992. [1993 c.381 §§9,11]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.285 - Adoption of procedures for evaluating safety of ATM or night deposit facilities.

Before installing any ATM or night deposit facility, the operator shall adopt procedures for evaluating the safety of the ATM or night deposit facility. For ATMs and night deposit facilities installed on or before July 1, 1994, operators shall adopt procedures not later than July 1, 1994. The procedures shall include a consideration of the following:
(1) The extent to which the lighting for the ATM or night deposit facility complies or will comply with the standards required by ORS 714.290 and 714.295.
(2) The presence of landscaping, vegetation or other obstructions in the area of the ATM or night deposit facility, the access area and the defined parking area.
(3) The incidence of crimes of violence in the immediate neighborhood of the ATM or night deposit facility, as reflected in the records of the local law enforcement agency and of which the operator has actual knowledge. [1993 c.381 §10]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.290 - Deadlines for compliance with ORS 714.295.

(1) Each operator of an ATM or night deposit facility installed after July 1, 1994, shall comply with ORS 714.295. Compliance with ORS 714.295 by operators of ATMs and night deposit facilities existing on or before July 1, 1994, shall be optional until July 1, 1996, and mandatory thereafter. This section shall apply to an operator of an ATM or night deposit facility only to the extent that the operator controls the access area or defined parking area to be lighted.
(2) If an access area or a defined parking area is not controlled by the operator of an ATM or night deposit facility, and if the person who leased the ATM or night deposit facility site to the operator controls the access area or defined parking area, the person who controls the access area or defined parking area shall comply with ORS 714.295 regarding any ATM or night deposit facility installed after July 1, 1994. Regarding any ATM or night deposit facility installed on or before July 1, 1994, the person shall comply with ORS 714.295 no later than July 1, 1996. [1993 c.381 §12]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.295 - Lighting requirements for ATMs and night deposit facilities.

The operator, owner or other person responsible for the ATM or night deposit facility shall provide lighting during hours of darkness for an open and operating ATM or night deposit facility and any defined parking area, access area and the exterior of an enclosed ATM or night deposit facility installation according to the following standards:
(1) There shall be a minimum of 10 candlefoot power at the face of the ATM or night deposit facility and extending in an unobstructed direction outward five feet.
(2) There shall be a minimum of two candlefoot power within 50 feet in all unobstructed directions from the face of the ATM or night deposit facility. In the event the ATM or night deposit facility is located within 10 feet of the corner of the building and the ATM or night deposit facility is generally accessible from the adjacent side, there shall be minimum of two candlefoot power along the first 40 unobstructed feet of the adjacent side of the building.
(3) There shall be a minimum of two candlefoot power in that portion of the defined parking area within 60 feet of the ATM or night deposit facility. [1993 c.381 §13]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.300 - Issuance of safety information to customers of ATMs and night deposit facilities.

The issuers of access devices shall furnish customers receiving the devices with notices of basic safety precautions which customers should employ while using an ATM or night deposit facility. This information shall be furnished by personally delivering or by mailing the information to each customer whose mailing address as to the account to which the access device relates is in this state. This information shall be furnished with respect to access devices issued after July 1, 1994, at or before the time the customer is furnished with the customer’s access device. With respect to a customer to whom an access device has been issued on or before July 1, 1994, the information shall be delivered or mailed to the customer on or before December 31, 1994. Only one notice need be furnished per household, and if access devices are furnished to more than one customer for a single account or set of accounts or on the basis of a single application or other request for the access devices, only a single notice need be furnished in satisfaction of the notification responsibilities as to all those customers. The information may be included with other disclosures related to the access device furnished to the customer, such as with any initial or periodic disclosure statement furnished pursuant to the Electronic Fund Transfer Act (15 U.S.C. 1693 et seq.). [1993 c.381 §14; 2021 c.97 §81]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.305 - Exempted ATMs and night deposit facilities.

The requirements of ORS 714.280 (2) and 714.285 to 714.295 shall not apply to any ATM or night deposit facility that is:
(1) Located inside of a building, unless it is a freestanding installation that exists for the sole purpose of providing an enclosure for the ATM or night deposit facility.
(2) Located inside of a building, except to the extent that a transaction can be conducted from outside the building.
(3) Located in any area, including any access area, building, enclosed space or parking area that is not controlled by the operator. [1993 c.381 §15]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.310 - Preemption of local regulation.

ORS 714.210 to 714.315 supersede and preempts all rules, regulations, codes, statutes or ordinances of all cities, counties, municipalities and local agencies regarding customer safety at ATMs or night deposit facilities located in Oregon. [1993 c.381 §16]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.315 - Creation of rebuttable presumption.

Compliance with ORS 714.280 to 714.300 shall create a rebuttable presumption that the operator of the ATM or night deposit facility in question has provided adequate measures for the safety of users of the ATM or night deposit facility. [1993 c.381 §17]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 714 - Branch Banking; Automated Teller Machines › Section 714.995 - Civil penalty.

Each day a banking institution operates a branch with respect to which the banking institution has not filed notice with the Director of the Department of Consumer and Business Services under ORS 714.025, the banking institution is subject to a penalty of up to $1,000. The penalty shall be assessed and collected as prescribed in ORS 706.570 (3). [1997 c.631 §323; 2015 c.244 §89]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 715 - Bank Holding Companies; Financial Holding Companies › Section 715.012 - Application to become financial holding company or bank holding company of Oregon stock bank; filing with Federal Reserve Board and director.

(1) If a company proposes to become a financial holding company or a bank holding company of an Oregon stock bank, when the company files its application and any related materials with the Federal Reserve Board, the company shall submit to the Director of the Department of Consumer and Business Services copies of the application and related materials.
(2) The director may submit comments and recommendations for approval or disapproval to the Federal Reserve Board concerning any application to become a financial holding company or a bank holding company of an Oregon stock bank that is filed with the Federal Reserve Board.
(3) Following the filing of an application to become a financial holding company or a bank holding company and the submission to the director of the materials described in subsection (1) of this section, the company shall submit to the director copies of any written communications between itself and the Federal Reserve Board that relate to the application, including copies of any written approval or denial of the application. A copy of each such written communication shall be submitted to the director within 10 days after the original thereof is sent or received by the company. [1997 c.631 §329; 2001 c.377 §30]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 715 - Bank Holding Companies; Financial Holding Companies › Section 715.017 - Out-of-state financial holding companies; out-of-state bank holding companies.

An out-of-state financial holding company or an out-of-state bank holding company may become the financial holding company or the bank holding company of:
(1) An Oregon stock bank or an in-state federal stock bank, by itself or together with any predecessor, only if the Oregon stock bank or in-state federal stock bank has been engaged in the business of banking in this state for a period of not less than three years prior to the date on which the out-of-state financial holding company or the out-of-state bank holding company becomes the financial holding company or the bank holding company of the Oregon stock bank or in-state federal stock bank.
(2) An Oregon stock bank organized under ORS 707.025 that has merged with or acquired all or substantially all of the assets and liabilities of an Oregon stock bank or in-state federal stock bank, by itself or together with any predecessor, only if the Oregon stock bank or in-state federal stock bank has been engaged in the business of banking in this state for a period of not less than three years prior to the date on which the out-of-state financial holding company or the out-of-state bank holding company becomes the financial holding company or the bank holding company of the Oregon stock bank. [1997 c.631 §330; 2001 c.377 §31]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 715 - Bank Holding Companies; Financial Holding Companies › Section 715.019 - Mutual financial holding companies; mutual bank holding companies; authority; rules.

(1) An Oregon nonstock bank may, pursuant to rules adopted by the Director of the Department of Consumer and Business Services, reorganize so that the resulting entities are an Oregon stock savings bank, controlled by a mutual financial holding company or a mutual bank holding company. For purposes of this section, a "mutual financial holding company or a mutual bank holding company" is a financial holding company or a bank holding company that does not issue capital stock. The mutual financial holding company shall be mutually owned by the depositors of the reorganizing Oregon nonstock bank and shareholders of other companies under the control of the mutual financial holding company. The mutual bank holding company shall be mutually owned by the depositors of the reorganizing Oregon nonstock bank.
(2) A mutual bank holding company may acquire or invest in the stock of one or more stock savings banks.
(3) A mutual bank holding company may merge with or acquire another mutual bank holding company.
(4) A mutual bank holding company formed under this section shall be subject to the provisions of this chapter.
(5) The director is authorized to adopt rules to carry out the provisions of this section. [1997 c.631 §330a; 2001 c.377 §32]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 715 - Bank Holding Companies; Financial Holding Companies › Section 715.045 - Examination of certain financial holding companies or bank holding companies; payment of costs of examination.

(1) The Director of the Department of Consumer and Business Services may examine the books, accounts, records and files of a financial holding company or a bank holding company of an Oregon stock bank when the director considers it necessary to evaluate the condition of the Oregon stock bank that is a subsidiary of the financial holding company or the bank holding company.
(2) The financial holding company or the bank holding company examined shall pay to the director the actual cost of the examination, as determined by the director. [1973 c.797 §340; 1997 c.631 §326; 2001 c.377 §33]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 715 - Bank Holding Companies; Financial Holding Companies › Section 715.055 - Submission of reports filed with Federal Reserve Board; additional information; rules; penalty for failure to submit.

(1) A financial holding company or a bank holding company of an Oregon stock bank shall submit to the Director of the Department of Consumer and Business Services, in a form and format specified by the director, a copy of specified reports that the financial holding company or the bank holding company is required to submit to the Federal Reserve Board. The financial holding company or bank holding company shall submit the copies to the director within the time periods required by applicable federal law and regulation for filing the originals with the Federal Reserve Board.
(2) The director may call for additional information from a financial holding company or a bank holding company, in a form and format that the director may prescribe by rule or order, if the director considers the additional information necessary in order to obtain full knowledge of the condition of the Oregon stock bank that the financial holding company or the bank holding company controls. The financial holding company or the bank holding company shall submit the additional information to the director within the time period prescribed by the director.
(3) If a financial holding company or a bank holding company fails to submit a report or additional information as required by this section, the financial holding company or the bank holding company shall pay to the director a penalty of up to $1,000 for each day the financial holding company or bank holding company fails to comply. If the financial holding company or the bank holding company delays or refuses to pay the penalty upon demand by the director, the director may maintain an action in the director’s name against the delinquent financial holding company or bank holding company for the recovery of the penalty. [1973 c.797 §341; 1997 c.631 §327; 2001 c.377 §34; 2009 c.541 §36]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 715 - Bank Holding Companies; Financial Holding Companies › Section 715.075 - Authority of financial holding company or bank holding company to acquire corporation licensed as insurance producer; rules.

A financial holding company or a bank holding company may acquire and hold all or part of the stock of a corporation that is or may thereafter be licensed as an insurance producer as required by ORS 744.053 to transact one or more of the classes of insurance described in ORS 744.062, subject to the following requirements:
(1) The acquisition and holding of such stock shall be subject to the approval of the Director of the Department of Consumer and Business Services. The director shall base consideration for approval on the condition of the financial holding company or the bank holding company, the adequacy of a formal business plan for the insurance activities and the existence of satisfactory management for the corporation.
(2) The director may revoke or restrict the ongoing authority of the financial holding company or the bank holding company to hold stock in the corporation if the condition of the financial holding company or the bank holding company or of any bank owned by it substantially deteriorates or if the insurance activities are adversely affecting the financial holding company or the bank holding company or any bank owned by it.
(3) For each calendar year during which a financial holding company or a bank holding company owns all or part of any corporation licensed as an insurance producer as required by ORS 744.053, the financial holding company or the bank holding company shall file a written report with the director. The report shall be filed no later than March 31 of the following year and shall disclose the insurance activities of the corporation. The required contents of the report shall be established by the director by rule. The reports filed with the director under this subsection shall be available for public inspection in the office of the director.
(4) The corporation shall not in any manner use customer information obtained by the institution from another insurance producer to promote, develop or solicit insurance business for the corporation unless the other insurance producer consents to such use of the customer information.
(5) The corporation shall be subject to the limitations applicable to depository institutions under ORS 746.213 to 746.219. For the purpose of this subsection, "depository institution" has the meaning given that term in ORS 746.213. [1987 c.916 §4; 1989 c.331 §30; 1989 c.701 §66; 1997 c.831 §3; 2001 c.191 §54; 2001 c.377 §35; 2003 c.363 §9; 2003 c.364 §60a; 2005 c.194 §2]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 715 - Bank Holding Companies; Financial Holding Companies › Section 715.090 - Authority of financial holding company or bank holding company to share information concerning customers with controlled company.

(1) A financial holding company or bank holding company may share financial and credit information concerning its customers with any company of which it directly or indirectly controls 50 percent or more of the voting shares. Any company so controlled by a financial holding company or bank holding company may share information concerning its customers with the financial holding company or bank holding company and with any other company so controlled by the same financial holding company or bank holding company. This section shall not be construed as otherwise permitting or limiting the sharing or disclosure of information.
(2) For purposes of this section, "customers" includes but is not limited to depositors, borrowers, credit card holders, lessees, purchasers under contracts and applicants for credit. [1985 c.357 §2; 2001 c.377 §36]
2023 Oregon Revised Statutes › Volume : 18 - Financial Institutions, Insurance › Chapter 716 - Savings Banks › Section 716.024 - Provisions of Bank Act applicable to Oregon savings banks and Oregon stock savings banks.

(1) The provisions of ORS chapter 706 relating to financial institutions, the following sections in the Bank Act and any other provisions of the Bank Act that by their terms pertain to Oregon savings banks shall apply to Oregon savings banks: ORS 707.075, 707.080, 707.090, 707.100, 707.120, 707.145, 707.150, 707.155, 707.170, 707.180, 707.252, 707.254, 707.625, 707.642, 707.646 (1), 707.660, 707.665, 707.670 to 707.764, 708A.175, 708A.405, 708A.410, 708A.420 to 708A.535, 708A.590, 708A.600, 708A.640, 708A.645, 708A.655, 708A.990, 711.405 to 711.670, 711.980 and 714.075.
(2) In addition to the statutes listed in subsection (1) of this section, to the extent applicable, the following provisions of the Bank Act apply to Oregon stock savings banks: ORS 707.050, 707.110, 707.140, 707.195, 707.200 to 707.230, 707.244 to 707.250, 707.256, 707.258 to 707.272, 707.350, 707.380 to 707.410, 707.415, 707.610 to 707.623, 707.644, 707.646 (2) and 707.648. [1973 c.797 §345; 1975 c.544 §44; 1977 c.555 §15; 1979 c.88 §24; 1981 c.192 §24; 1983 c.37 §25; 1983 c.367 §4; 1985 c.762 §46; 1985 c.786 §46; 1985 c.796 §4; 1987 c.197 §8a; 1989 c.324 §72; 1997 c.631 §331; 1999 c.506 §4]