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2019 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 711 - Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
- Section 711.005 [Amended by 1973 c.797 §218; repealed by 1997 c.631 §567]
- Section 711.010 [Amended by 1973 c.797 §219; repealed by 1997 c.631 §567]
- Section 711.015 [Amended by 1973 c.797 §220; repealed by 1997 c.631 §567]
- Section 711.017 [1993 c.229 §9; 1995 c.6 §3; repealed by 1997 c.631 §567]
- Section 711.020 [Amended by 1973 c.797 §221; 1977 c.135 §24; 1981 c.192 §15; repealed by 1997 c.631 §567]
- Section 711.022 [1973 c.797 §222; 1975 c.544 §29a; 1981 c.192 §16; repealed by 1997 c.631 §567]
- Section 711.025 [Amended by 1973 c.797 §223; 1981 c.192 §17; 1987 c.197 §6; 1989 c.324 §53; repealed by 1997 c.631 §567]
- Section 711.030 [Amended by 1973 c.797 §224; 1983 c.37 §21; repealed by 1997 c.631 §567]
- Section 711.032 [1973 c.797 §225; repealed by 1997 c.631 §567]
- Section 711.035 [Amended by 1973 c.797 §226; repealed by 1997 c.631 §567]
- Section 711.040
- Section 711.042 [1973 c.797 §228; 1983 c.296 §6; repealed by 1997 c.631 §567]
- Section 711.045
- Section 711.047 [1981 c.192 §21; 1983 c.296 §8; repealed by 1997 c.631 §567]
- Section 711.050 [Amended by 1973 c.797 §230; repealed by 1997 c.631 §567]
- Section 711.055
- Section 711.060
- Section 711.065 - Conversion of Oregon stock bank into insured stock institution.
- Section 711.070 - Conversion of financial institution into Oregon stock bank; application.
- Section 711.075 - Conversion of Oregon nonstock bank into financial institution.
- Section 711.080 - Conversion of financial institution into Oregon nonstock bank; application.
- Section 711.085 - Approval of conversion of Oregon bank by board or shareholders.
- Section 711.090 - Conversion of Oregon bank or Oregon trust company to corporation or limited liability company.
- Section 711.095 - Approval of plan of conversion; fee.
- Section 711.100 - Articles of conversion; effective date of conversion.
- Section 711.104 - Rights of member of Oregon bank or Oregon trust company to dissent to conversion from limited liability company to corporation; demand required; notice and offer to pay for shares; cost of appraisal of shares.
- Section 711.105 [Repealed by 1973 c.797 §428]
- Section 711.110 [Amended by 1973 c.797 §233; repealed by 1997 c.631 §567]
- Section 711.112 [1973 c.797 §234; repealed by 1997 c.631 §567]
- Section 711.115 [Amended by 1973 c.797 §235; repealed by 1997 c.631 §567]
- Section 711.120 [Repealed by 1973 c.797 §428]
- Section 711.125 - Merger of Oregon stock bank with insured stock institution; company acquiring shares of Oregon stock bank through share exchange.
- Section 711.130 - Approval of plan of merger or share exchange involving Oregon stock bank; contents of plan; fee.
- Section 711.135 - Action by director on plan of merger or share exchange involving Oregon stock bank; appeal.
- Section 711.140 - Approval of merger or share exchange involving Oregon stock bank by stockholders.
- Section 711.145 - Effective date of merger or share exchange involving Oregon stock bank.
- Section 711.150 - Merger of Oregon nonstock bank with insured nonstock institution.
- Section 711.155 - Approval of merger involving Oregon nonstock bank; contents of plan; fee.
- Section 711.160 - Action by director on plan of merger involving Oregon nonstock bank; appeal.
- Section 711.165 - Effective date of merger involving Oregon nonstock bank.
- Section 711.170 - Sale of assets and transfer of liabilities by Oregon bank; approval of director and board of directors; fee; appeal.
- Section 711.175 - Stockholder’s right to dissent to merger, share exchange, transfer of assets or liabilities or conversion.
- Section 711.180 - Rights of stockholder dissenting to merger, share exchange, transfer of assets or liabilities or conversion; demand required; notice and offer to pay for shares; costs of appraisal of shares; when rights not applicable.
- Section 711.185 - Stockholder withdrawal of demand for payment for shares made under ORS 711.180.
- Section 711.190 - Effect of merger or conversion of Oregon bank; rights, powers, duties and liabilities of resulting financial institution.
- Section 711.195 - Merger, conversion or acquisition of Oregon bank involving trust company.
- Section 711.197 - Conditions for resulting Oregon bank to conform with state law.
- Section 711.199 - Valuation of assets on books of resulting Oregon bank.
- Section 711.205 [Amended by 1973 c.797 §236; 1993 c.229 §10; repealed by 1997 c.631 §567]
- Section 711.207 [1973 c.797 §237; repealed by 1997 c.631 §567]
- Section 711.210 [Repealed by 1973 c.797 §428]
- Section 711.211 [1993 c.229 §12; repealed by 1997 c.631 §567]
- Section 711.215 - Voluntary liquidation on approval of stockholders and director; costs of special examination.
- Section 711.217 - Transactions exempt from ORS 711.220 to 711.235.
- Section 711.220 - Notice of voluntary liquidation; presentation of claims.
- Section 711.225 - Report and transfer of unclaimed deposits.
- Section 711.230 - Claims; time within which presented; extension of time.
- Section 711.235 - Report of liquidation to director; disposition of remaining assets.
- Section 711.240 - Supervision and control by director.
- Section 711.245 [Repealed by 1973 c.797 §428]
- Section 711.250 - Engaging in banking or trust business prohibited after liquidation, transfer of deposit liabilities or ceasing to do business for one year; dissolution.
- Section 711.305 [Amended by 1973 c.797 §246; repealed by 1997 c.631 §567]
- Section 711.310 [Amended by 1973 c.797 §247; 1975 c.544 §31; repealed by 1997 c.631 §567]
- Section 711.315 [Amended by 1973 c.797 §248; 1975 c.544 §32; 1991 c.249 §66; repealed by 1997 c.631 §567]
- Section 711.320 [Amended by 1973 c.797 §249; repealed by 1997 c.631 §567]
- Section 711.400 - Supervision of liquidation by circuit court; called "supervising court."
- Section 711.405 - When institution deemed insolvent.
- Section 711.410 - Transfer of assets after commission of act of insolvency or in contemplation of insolvency; exceptions.
- Section 711.415 - Receiving deposits in excess of insurance while insolvent.
- Section 711.419 - Taking possession of Oregon stock bank by director.
- Section 711.420 [Repealed by 1973 c.797 §428]
- Section 711.425 [Repealed by 1973 c.797 §428]
- Section 711.430 - Placing business in control of director; notice.
- Section 711.435 - Resumption of business of institution placed in control of director.
- Section 711.440 - Receivers and assignments for benefit of creditors; notice to and action by director.
- Section 711.445 - Notice of taking possession of institution; prohibition against liens subsequent to insolvency.
- Section 711.450 - Prohibition against applying to enjoin director from continuing possession.
- Section 711.455 [Repealed by 1973 c.797 §428]
- Section 711.460 [Repealed by 1973 c.797 §428]
- Section 711.465 - Transfer of liquidation functions to Federal Deposit Insurance Corporation.
- Section 711.470 - Subrogation rights of Federal Deposit Insurance Corporation.
- Section 711.475 - Inventory of assets; filing notice of taking possession.
- Section 711.480 - Sale of assets.
- Section 711.485 - Borrowing funds to pay closed institution expenditures.
- Section 711.490 - Capital stock requirements of institution purchasing assets and assuming liabilities of insolvent institution.
- Section 711.495 - Action by director to collect balance due on stock or stock assessment.
- Section 711.500 - Liability of transferor of stock made in contemplation of insolvency; proceedings to relieve stockholder of liability prohibited.
- Section 711.505 - Liability of fiduciary as stockholder; liability of estate and funds.
- Section 711.510 - Deposit of money collected under ORS 711.495; security for deposit.
- Section 711.515 - "Depositor" defined; preferences among depositors.
- Section 711.520 - Priority of claimants against assets of Oregon stock bank that is insolvent or in liquidation.
- Section 711.525 - Interest on deposits after Oregon stock bank closes.
- Section 711.530 - Notice to creditors to present claims.
- Section 711.535 - Verification and filing of claims; demand for preference.
- Section 711.540 - Approval or rejection of claims.
- Section 711.545 - Objection to approval of claims.
- Section 711.550 - Objection to rejection of claims.
- Section 711.554 - Procedure for determination of claims.
- Section 711.555 [Repealed by 1973 c.797 §428]
- Section 711.560 - Costs and disbursements in claim proceedings.
- Section 711.565 - Claims presented after time expired.
- Section 711.567 - Supervising court to bar claims to facilitate closing.
- Section 711.570 - Lists of claims.
- Section 711.572 - Liability of directors for distributing assets without payment of known debts.
- Section 711.575 - Dividends to depositors.
- Section 711.577 - Death of depositor; payment of claim.
- Section 711.580 - Safety deposit boxes; removal of property.
- Section 711.582 - Disposition of contents of safety deposit boxes.
- Section 711.585 - Selection of agents to wind up affairs of institution; bond or letter of credit; duties of agent.
- Section 711.590 - Disposition of unclaimed deposits; interest.
- Section 711.595 - Destruction of liquidation records in possession of director.
- Section 711.600 - Liquidation expenses.
- Section 711.605 - Petitions relating to insolvent institutions; ruling by director; court review.
- Section 711.610 [Repealed by 1973 c.797 §428]
- Section 711.615 - Court filing fees.
- Section 711.620 - Suspending or restricting payment of liabilities; duration.
- Section 711.625 - Taking possession of Oregon stock bank by director; powers of director; expenses.
- Section 711.630 - Pro rata withdrawals by depositors.
- Section 711.635 - Receiving new deposits; segregation.
- Section 711.640 - Termination of suspension or restriction on payment of liabilities.
- Section 711.645 - Notice of termination of suspension or restriction on payment of liabilities.
- Section 711.650 - Segregation of deposits until termination notice has been given.
- Section 711.655 - Use of suspended deposits to pay indebtedness of depositor.
- Section 711.660 - Assignment or transfer of capital stock while payment of liabilities suspended or restricted.
- Section 711.665 - Suspension or restriction of liability payment not evidence of insolvency.
- Section 711.670 - Compliance with ORS 711.620 to 711.670 as defense to depositor’s action.
- Section 711.980 - Civil penalties.
- Section 711.990 [Amended by 1973 c.797 §304; repealed by 1975 c.544 §62]
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