2011 ORS § 709.525¹
Merger or acquisition
  • procedures

An Oregon trust company may merge with or have its outstanding shares acquired by any other trust company if the merger or acquisition of shares is permitted by the laws of the jurisdiction having supervisory authority over the resulting trust company. An Oregon trust company that merges with or engages in a share exchange with another trust company shall follow the procedures set forth in ORS 711.130 (Approval of plan of merger or share exchange involving Oregon stock bank) to 711.145 (Effective date of merger or share exchange involving Oregon stock bank). [1997 c.631 §231]