ORS 722.012¹
Authorization to transact business required
  • exceptions

(1) A person shall not transact savings and loan business in this state unless the person has been issued a certificate of authority as provided by this chapter or is authorized to do so by articles of incorporation granted prior to June 6, 1931. Unless a person is so authorized and actually engaged in savings and loan business in this state, a person transacting business in this state shall not:

(a) Transact business under a name or title that contains the term "savings and loan," "building and loan," "thrift and loan" or words of similar import; or

(b) Use any sign, or circulate or use any letterhead, billhead, circular or paper whatsoever, or advertise in any manner that is calculated to lead the public to believe that it is transacting savings and loan business.

(2) Subsection (1) of this section does not apply to a federal association. [1975 c.582 §33]

1 Legislative Counsel Committee, CHAPTER 722—Savings Associations, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors722.­pdf (2007) (last ac­cessed Feb. 12, 2009).
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information