ORS 722.516¹
Revocation of certificate of authority

In the manner specified for issuance of an order under ORS 722.464 (Cease and desist orders), the Director of the Department of Consumer and Business Services may revoke a certificate of authority of a foreign association if:

(1) The association fails to conduct its business in this state in a manner consistent with the laws of this state;

(2) The affairs of the association are in an unsafe condition;

(3) The association refuses to permit examination of the financial condition of the association by the director; or

(4) The association fails to pay the proper annual fee. [1975 c.582 §142; 1987 c.215 §5]

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