There is a newer version of the Oregon Revised Statutes
2015 Oregon Revised Statutes
Volume : 16 - Financial Institutions, Insurance
Chapter 709 - Regulation of Trust Business
Section 709.290 - Closing of trust unduly delayed.
OR Rev Stat § 709.290 (2015) What's This?
If, as a result of an examination, the Director of the Department of Consumer and Business Services finds that the closing of any trust by a trust company has been unreasonably delayed, the director may initiate proceedings in a court of competent jurisdiction to require the trust company to perform its duties in closing the trust.
[Amended by 1973 c.797 §204]
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