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2019 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 706 - Administration and Enforcement of Banking Laws Generally
Section 706.530 - Annual fees paid by banking institutions and non-Oregon institutions; rules.
Universal Citation: OR Rev Stat § 706.530 (2019)
(1) Each banking institution and each non-Oregon institution shall pay each year to the Director of the Department of Consumer and Business Services the fee set in a schedule the director adopts by rule. The fee shall be paid by the date set by the director in the rule establishing the schedule.
(2) The director shall set or change the fee schedule described in subsection (1) of this section after considering:
(a) The amount of other moneys available for the director to use in performing the director’s duties;
(b) The costs the director will incur in performing the director’s duties in the year in which the director will collect the fee; and
(c) The amount the director needs to establish and maintain a reasonable emergency fund. [Amended by 1969 c.94 §1; 1971 c.68 §1; 1973 c.797 §24; 1977 c.135 §8; 1985 c.762 §27a; 1985 c.786 §9; 1987 c.171 §3; 1987 c.373 §48; 1993 c.229 §3; 1993 c.264 §4; 1997 c.631 §5; 2009 c.541 §30]
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