(2) The notice shall specify:
(a) The date on which the suspension or restriction on the payment of liabilities will be removed;
(b) That the provisions of ORS 711.635 pertaining to the segregation of deposits will not be effective after that date; and
(c) That the segregated deposits after the removal of the restriction or suspension will be general deposits.
(3) On or before the date of the publication of the notice, the director shall mail, postage prepaid, to each depositor in the Oregon stock bank whose deposit has been segregated as provided by ORS 711.635 a copy of the notice addressed to the last-known address of each depositor as shown by the records of the Oregon stock bank.
(4) The director shall hand a copy of the notice to every depositor making a deposit in the Oregon stock bank after the date of the newspaper publication and up to the time the suspension or restriction on the payment of liabilities of the Oregon stock bank is removed. [1973 c.797 §298; 1997 c.631 §258]