Regulation of Trust Business

  1. Law
  2. Oregon Revised Statutes
  3. Financial Institutions, Insurance
  4. Regulation of Trust Business

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Section
709.005

Certificate of authority to transact trust business; application; contents; fee; exceptions.

Section
709.010

[Repealed by 1973 c.797 §428]

Section
709.015

Organization as limited liability company.

Section
709.020

[Amended by 1973 c.428 §10; repealed by 1973 c.797 §428]

Section
709.030

Approval to transact trust business; exceptions; deposit of cash, securities, letter of credit or surety bond with director; amount.

Section
709.040

Securities eligible for deposit.

Section
709.050

Trust companies depositing securities guaranteed by mortgage insurance and mortgage participation certificates.

Section
709.060

Primary liability of deposit.

Section
709.070

Right of action against deposit.

Section
709.080

Charges for handling securities; collection procedure.

Section
709.090

[Repealed by 1973 c.797 §428]

Section
709.100

[Repealed by 1973 c.797 §428]

Section
709.110

Deposit of documents with notes or bonds.

Section
709.120

Substitution of deposit securities; income of securities deposited.

Section
709.130

Indemnity bond when cash and securities of fiduciary account exceed stockholders’ equity or members’ equity in trust company.

Section
709.140

Return of deposit; liability of state.

Section
709.145

Investment of capital.

Section
709.150

General powers of trust companies.

Section
709.160

Solicitation and performance of legal business.

Section
709.170

Establishment of and investment in common trust funds; rules; accounting.

Section
709.175

Limitation on investment of trust funds; exceptions.

Section
709.180

[Repealed by 1973 c.797 §428]

Section
709.190

Trust department kept separate; records of securities; retention of records.

Section
709.200

Acquisition or investment of trust property in own name or name of nominee.

Section
709.210

Disclosure of fiduciary character or terms of trust instrument.

Section
709.220

Handling of funds awaiting investment or distribution; security for use of funds.

Section
709.230

[Amended by 1961 c.344 §107; repealed by 1973 c.797 §428; amended by 1973 c.823 §143; amendment treated as reenactment, see 709.231]

Section
709.231

[1973 c.823 §143 amending 709.230 treated as reenactment of 709.230 repealed by 1973 c.797 §428; repealed by 1974 c.36 §28]

Section
709.240

Oath and bond exemption for trust company appointed as fiduciary.

Section
709.250

[Repealed by 1973 c.797 §428; amended by 1973 c.823 §145; amendment treated as reenactment, see 709.251]

Section
709.251

[1973 c.823 §145 amending 709.250 treated as reenactment of 709.250 repealed by 1973 c.797 §428; repealed by 1974 c.36 §28]

Section
709.260

[Repealed by 1973 c.797 §428]

Section
709.270

Disclosure of communications and writings.

Section
709.280

Loans to directors, officers, employees or affiliates.

Section
709.290

Closing of trust unduly delayed.

Section
709.300

Transaction of trust business by national bank.

Section
709.310

[Amended by 1963 c.55 §2; repealed by 1973 c.797 §428]

Section
709.320

[Repealed by 1973 c.797 §428]

Section
709.330

Sale or transfer of assets or liabilities; effect on fiduciary relations.

Section
709.335

Digital signatures.

Section
709.340

Trust company quitting business; examination.

Section
709.350

Successor trustee upon liquidation or receivership; appointment and qualification; petition by director; applicability of state laws.

Section
709.360

[Repealed by 1973 c.797 §428]

Section
709.370

[Repealed by 1973 c.797 §428]

Section
709.380

[Repealed by 1973 c.797 §428]

Section
709.390

Discontinuance of trust business; determination of claims against deposit of securities.

Section
709.400

Order to start court action; publication of order; jurisdiction over securities; notice to trustor; applicability of state laws.

Section
709.410

Termination of right to do trust business.

Section
709.420

Actions or suits on claims; service of summons; preference on calendar.

Section
709.430

Release or payment of deposit pending suit; distribution of deposits upon determination of suit.

Section
709.440

Director’s charges as prior lien on deposit.

Section
709.450

Sale and disposition of securities to pay expenses, costs and claims.

Section
709.460

Application of ORS 709.390 to 709.450 to merger or consolidation; return of security deposit after merger or consolidation.

Section
709.500

Section 709.500

Section
709.520

Conversion to out-of-state trust company; conversion to Oregon trust company; procedures.

Section
709.525

Merger or acquisition; procedures.

Section
709.530

Applicability of ORS 711.190, 711.197 and 711.199 to merging or converting trust company.

Section
709.535

Sale of assets or transfer of liabilities; approval by stockholders and director; appeal.

Section
709.540

Rights of stockholder of trust company party to merger, share exchange or acquisition.

Section
709.600

Regulation of trust business by corporations formed prior to adoption of Bank Act; regulation of other business.

Section
709.980

Civil penalties.

Section
709.990

[Repealed by 1973 c.797 §428]