PocketLaw
Home
Catalog
Law Online
Teams
Our Free Mobile App
Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
Law
Oregon Revised Statutes
Financial Institutions, Insurance
Merger; Conversion; Share Exchange; Acquisition; Liquidation; Insolvency
Checkout our iOS App for a better way to browser and research.
Section
711.005
[Amended by 1973 c.797 §218; repealed by 1997 c.631 §567]
Section
711.010
[Amended by 1973 c.797 §219; repealed by 1997 c.631 §567]
Section
711.015
[Amended by 1973 c.797 §220; repealed by 1997 c.631 §567]
Section
711.017
[1993 c.229 §9; 1995 c.6 §3; repealed by 1997 c.631 §567]
Section
711.020
[Amended by 1973 c.797 §221; 1977 c.135 §24; 1981 c.192 §15; repealed by 1997 c.631 §567]
Section
711.022
[1973 c.797 §222; 1975 c.544 §29a; 1981 c.192 §16; repealed by 1997 c.631 §567]
Section
711.025
[Amended by 1973 c.797 §223; 1981 c.192 §17; 1987 c.197 §6; 1989 c.324 §53; repealed by 1997 c.631 §567]
Section
711.030
[Amended by 1973 c.797 §224; 1983 c.37 §21; repealed by 1997 c.631 §567]
Section
711.032
[1973 c.797 §225; repealed by 1997 c.631 §567]
Section
711.035
[Amended by 1973 c.797 §226; repealed by 1997 c.631 §567]
Section
711.040
Section 711.040
Section
711.042
[1973 c.797 §228; 1983 c.296 §6; repealed by 1997 c.631 §567]
Section
711.045
Section 711.045
Section
711.047
[1981 c.192 §21; 1983 c.296 §8; repealed by 1997 c.631 §567]
Section
711.050
[Amended by 1973 c.797 §230; repealed by 1997 c.631 §567]
Section
711.055
Section 711.055
Section
711.060
Section 711.060
Section
711.065
Conversion of Oregon stock bank into insured stock institution.
Section
711.070
Conversion of financial institution into Oregon stock bank; application.
Section
711.075
Conversion of Oregon nonstock bank into financial institution.
Section
711.080
Conversion of financial institution into Oregon nonstock bank; application.
Section
711.085
Approval of conversion of Oregon bank by board or shareholders.
Section
711.090
Conversion of Oregon bank or Oregon trust company to corporation or limited liability company.
Section
711.095
Approval of plan of conversion; fee.
Section
711.100
Articles of conversion; effective date of conversion.
Section
711.104
Rights of member of Oregon bank or Oregon trust company to dissent to conversion from limited liability company to corporation; demand required; notice and offer to pay for shares; cost of appraisal of shares.
Section
711.105
[Repealed by 1973 c.797 §428]
Section
711.110
[Amended by 1973 c.797 §233; repealed by 1997 c.631 §567]
Section
711.112
[1973 c.797 §234; repealed by 1997 c.631 §567]
Section
711.115
[Amended by 1973 c.797 §235; repealed by 1997 c.631 §567]
Section
711.120
[Repealed by 1973 c.797 §428]
Section
711.125
Merger of Oregon stock bank with insured stock institution; company acquiring shares of Oregon stock bank through share exchange.
Section
711.130
Approval of plan of merger or share exchange involving Oregon stock bank; contents of plan; fee.
Section
711.135
Action by director on plan of merger or share exchange involving Oregon stock bank; appeal.
Section
711.140
Approval of merger or share exchange involving Oregon stock bank by stockholders.
Section
711.145
Effective date of merger or share exchange involving Oregon stock bank.
Section
711.150
Merger of Oregon nonstock bank with insured nonstock institution.
Section
711.155
Approval of merger involving Oregon nonstock bank; contents of plan; fee.
Section
711.160
Action by director on plan of merger involving Oregon nonstock bank; appeal.
Section
711.165
Effective date of merger involving Oregon nonstock bank.
Section
711.170
Sale of assets and transfer of liabilities by Oregon bank; approval of director and board of directors; fee; appeal.
Section
711.175
Stockholder’s right to dissent to merger, share exchange, transfer of assets or liabilities or conversion.
Section
711.180
Rights of stockholder dissenting to merger, share exchange, transfer of assets or liabilities or conversion; demand required; notice and offer to pay for shares; costs of appraisal of shares; when rights not applicable.
Section
711.185
Stockholder withdrawal of demand for payment for shares made under ORS 711.180.
Section
711.190
Effect of merger or conversion of Oregon bank; rights, powers, duties and liabilities of resulting financial institution.
Section
711.195
Merger, conversion or acquisition of Oregon bank involving trust company.
Section
711.197
Conditions for resulting Oregon bank to conform with state law.
Section
711.199
Valuation of assets on books of resulting Oregon bank.
Section
711.205
[Amended by 1973 c.797 §236; 1993 c.229 §10; repealed by 1997 c.631 §567]
Section
711.207
[1973 c.797 §237; repealed by 1997 c.631 §567]
Section
711.210
[Repealed by 1973 c.797 §428]
Section
711.211
[1993 c.229 §12; repealed by 1997 c.631 §567]
Section
711.215
Voluntary liquidation on approval of stockholders and director; costs of special examination.
Section
711.217
Transactions exempt from ORS 711.220 to 711.235.
Section
711.220
Notice of voluntary liquidation; presentation of claims.
Section
711.225
Report and transfer of unclaimed deposits.
Section
711.230
Claims; time within which presented; extension of time.
Section
711.235
Report of liquidation to director; disposition of remaining assets.
Section
711.240
Supervision and control by director.
Section
711.245
[Repealed by 1973 c.797 §428]
Section
711.250
Engaging in banking or trust business prohibited after liquidation, transfer of deposit liabilities or ceasing to do business for one year; dissolution.
Section
711.305
[Amended by 1973 c.797 §246; repealed by 1997 c.631 §567]
Section
711.310
[Amended by 1973 c.797 §247; 1975 c.544 §31; repealed by 1997 c.631 §567]
Section
711.315
[Amended by 1973 c.797 §248; 1975 c.544 §32; 1991 c.249 §66; repealed by 1997 c.631 §567]
Section
711.320
[Amended by 1973 c.797 §249; repealed by 1997 c.631 §567]
Section
711.400
Supervision of liquidation by circuit court; called "supervising court."
Section
711.405
When institution deemed insolvent.
Section
711.410
Transfer of assets after commission of act of insolvency or in contemplation of insolvency; exceptions.
Section
711.415
Receiving deposits in excess of insurance while insolvent.
Section
711.419
Taking possession of Oregon stock bank by director.
Section
711.420
[Repealed by 1973 c.797 §428]
Section
711.425
[Repealed by 1973 c.797 §428]
Section
711.430
Placing business in control of director; notice.
Section
711.435
Resumption of business of institution placed in control of director.
Section
711.440
Receivers and assignments for benefit of creditors; notice to and action by director.
Section
711.445
Notice of taking possession of institution; prohibition against liens subsequent to insolvency.
Section
711.450
Prohibition against applying to enjoin director from continuing possession.
Section
711.455
[Repealed by 1973 c.797 §428]
Section
711.460
[Repealed by 1973 c.797 §428]
Section
711.465
Transfer of liquidation functions to Federal Deposit Insurance Corporation.
Section
711.470
Subrogation rights of Federal Deposit Insurance Corporation.
Section
711.475
Inventory of assets; filing notice of taking possession.
Section
711.480
Sale of assets.
Section
711.485
Borrowing funds to pay closed institution expenditures.
Section
711.490
Capital stock requirements of institution purchasing assets and assuming liabilities of insolvent institution.
Section
711.495
Action by director to collect balance due on stock or stock assessment.
Section
711.500
Liability of transferor of stock made in contemplation of insolvency; proceedings to relieve stockholder of liability prohibited.
Section
711.505
Liability of fiduciary as stockholder; liability of estate and funds.
Section
711.510
Deposit of money collected under ORS 711.495; security for deposit.
Section
711.515
"Depositor" defined; preferences among depositors.
Section
711.520
Priority of claimants against assets of Oregon stock bank that is insolvent or in liquidation.
Section
711.525
Interest on deposits after Oregon stock bank closes.
Section
711.530
Notice to creditors to present claims.
Section
711.535
Verification and filing of claims; demand for preference.
Section
711.540
Approval or rejection of claims.
Section
711.545
Objection to approval of claims.
Section
711.550
Objection to rejection of claims.
Section
711.554
Procedure for determination of claims.
Section
711.555
[Repealed by 1973 c.797 §428]
Section
711.560
Costs and disbursements in claim proceedings.
Section
711.565
Claims presented after time expired.
Section
711.567
Supervising court to bar claims to facilitate closing.
Section
711.570
Lists of claims.
Section
711.572
Liability of directors for distributing assets without payment of known debts.
Section
711.575
Dividends to depositors.
Section
711.577
Death of depositor; payment of claim.
Section
711.580
Safety deposit boxes; removal of property.
Section
711.582
Disposition of contents of safety deposit boxes.
Section
711.585
Selection of agents to wind up affairs of institution; bond or letter of credit; duties of agent.
Section
711.590
Disposition of unclaimed deposits; interest.
Section
711.595
Destruction of liquidation records in possession of director.
Section
711.600
Liquidation expenses.
Section
711.605
Petitions relating to insolvent institutions; ruling by director; court review.
Section
711.610
[Repealed by 1973 c.797 §428]
Section
711.615
Court filing fees.
Section
711.620
Suspending or restricting payment of liabilities; duration.
Section
711.625
Taking possession of Oregon stock bank by director; powers of director; expenses.
Section
711.630
Pro rata withdrawals by depositors.
Section
711.635
Receiving new deposits; segregation.
Section
711.640
Termination of suspension or restriction on payment of liabilities.
Section
711.645
Notice of termination of suspension or restriction on payment of liabilities.
Section
711.650
Segregation of deposits until termination notice has been given.
Section
711.655
Use of suspended deposits to pay indebtedness of depositor.
Section
711.660
Assignment or transfer of capital stock while payment of liabilities suspended or restricted.
Section
711.665
Suspension or restriction of liability payment not evidence of insolvency.
Section
711.670
Compliance with ORS 711.620 to 711.670 as defense to depositor’s action.
Section
711.980
Civil penalties.
Section
711.990
[Amended by 1973 c.797 §304; repealed by 1975 c.544 §62]