Establishment of loan production office
- • notice
- • fee
(1) An Oregon bank shall file a notice with the Director of the Department of Consumer and Business Services within 30 days after establishing a loan production office in this state or in another state. The notice must include:
(a) The name of the Oregon bank and the address of the main office;
(b) The name and address of the loan production office; and
(c) The name and address of the officer of the Oregon bank who is responsible for loan production office activities.
(2) An Oregon bank shall file a notice under subsection (1) of this section for each loan production office.
(3) Each notice that an Oregon bank files under subsection (1) of this section must be:
(a) Accompanied by a nonrefundable fee of $100.
(b) Amended if a material change occurs in the information the Oregon bank provided under subsection (1) of this section. A fee is not required for amendments.
(4) An Oregon bank shall notify the director of the closure of a loan production office, the date of closure and the disposition of any records previously maintained at the loan production office. A fee is not required for a notice of closure. [1999 c.107 §5; 2015 c.244 §45a]
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