ORS 714.049
Investigating notices

  • soliciting comments

The Director of the Department of Consumer and Business Services shall investigate each notice that a banking institution files under ORS 714.025 (Notice required to establish branches in Oregon or outside of Oregon). With respect to notices for branches that the banking institution will locate outside this state, the director shall promptly provide the local bank supervisory agency or regulator with a copy of the notice and an opportunity to comment on the notice. The director is not bound by the local bank supervisory agency’s or regulator’s comments. [1997 c.631 §316; 2015 c.244 §88c]

Source: Section 714.049 — Investigating notices; soliciting comments, https://www.­oregonlegislature.­gov/bills_laws/ors/ors714.­html.

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