ORS 714.054¹
Limiting or restricting banking institution’s ability to establish branch

With respect to notices to establish branches in this state or another state, the Director of the Department of Consumer and Business Services may limit or restrict a banking institution’s ability to establish a branch, except that the director’s failure to limit or restrict the banking institution’s ability to establish the branch within 30 days after receiving a complete notice is a decision not to limit or restrict the banking institution’s ability to establish the branch. With respect to notices by banking institutions to establish branches in foreign countries or dependencies or insular possessions of the United States, the director may limit or restrict a banking institution’s ability to establish a branch, except that the director’s failure to limit or restrict the banking institution’s ability to establish the branch within 90 days after receiving a complete notice is a decision not to limit or restrict the banking institution’s ability to establish a branch. [1997 c.631 §317; 2015 c.244 §88d]

Chapter 714

Notes of Decisions

This chapter does not specifically deal with the opera­tion of independent automated branch banks by state banks, therefore they are not permitted. Independent Bankers of Ore. v. Camp, 357 F Supp 1352 (1973)

Atty. Gen. Opinions

Applicability of licensing and registra­tion require­ments under Bank Act to loan solicita­tion office operating in Oregon, (1985) Vol. 44, p 378

1 Legislative Counsel Committee, CHAPTER 714—Branch Banking; Automated Teller Machines, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors714.­html (2019) (last ac­cessed May 16, 2020).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2019, Chapter 714, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano714.­html (2019) (last ac­cessed May 16, 2020).
 
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