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2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 714
714.064 Time to commence business.


OR Rev Stat § 714.064 (through Leg Sess 2011) What's This?

A branch shall commence business within one year after the application for the branch has been approved or deemed approved by the Director of the Department of Consumer and Business Services. The director may extend the period within which the branch may open up to one additional year. If a branch fails to commence business within the year or any extension of time granted by the director, the approval of the application shall be deemed withdrawn and the branch may not open or operate. [1997 c.631 319]

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