There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 711
711.075 Conversion of Oregon nonstock bank into financial institution.
OR Rev Stat § 711.075 (through Leg Sess 2011) What's This?
(1) An Oregon nonstock bank may convert into a financial institution subject to the prior approval of the supervisory authority having jurisdiction over the proposed resulting financial institution.
(2) Upon completion of the conversion of an Oregon nonstock bank, its charter shall terminate, except for the purposes specified in ORS 711.190. [1997 c.631 267]
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