ORS 722.432¹
Communications from director
  • notices generally

(1) Every approval or rejection by the Director of the Department of Consumer and Business Services given pursuant to this chapter and every communication having the effect of an order or instruction to any association shall be:

(a) In writing, signed by the director;

(b) Mailed to the affected association, addressed to the president at the principal office of the association; and

(c) Presented to the board of directors of such association at its next regular meeting or at a special meeting called for such purpose and noted in the minutes of the meeting.

(2) All notices required by this chapter shall be in writing. All notices issued or required to be issued by the director shall be sent by mail and shall become effective upon deposit of the notice in the mail. [1975 c.582 §116]

1 Legislative Counsel Committee, CHAPTER 722—Savings Associations, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­722.­html (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