2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 711
711.100 Articles of conversion; effective date of conversion.


OR Rev Stat § 711.100 (through Leg Sess 2011) What's This?

(1) After a plan of conversion is approved under ORS 711.095, the converting Oregon bank or Oregon trust company shall file articles of conversion with the Director of the Department of Consumer and Business Services. The articles shall:

(a) State the name and type of the business entity prior to conversion;

(b) State the name and type of the business entity after conversion; and

(c) Include the plan of conversion.

(2) The conversion takes effect on the date the articles of conversion are filed with the director, unless the articles of conversion state another effective date. [2005 c.134 8]

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