Examples of Oregon stock bank in a sentence
While the pay- ment of the liabilities of any Oregon stock bank is suspended or restricted under ORS 711.620, an assignment or transfer of the capital stock of the Oregon stock bank is in- valid.
The articles of incorporation for the operation of the financial institution as an Oregon stock bank, in accordance with the requirements of ORS 707.120.[1997 c.631 §266] 711.075 Conversion of Oregon non- stock bank into financial institution.
Compliance with the terms and condi- tions of ORS 711.620 to 711.670 and orders and rules promulgated as a result of ORS 711.620 to 711.670 is a complete defense to any suit or action brought by any depositor or creditor against an Oregon stock bank with respect to any deposit or contract li- ability.
After the notice has been given, the segre- gated deposits shall become general deposits and may be mingled with the other assets of the Oregon stock bank and the provisions of ORS 711.635 with respect to segregation of deposits shall no longer apply.
An order of the Director of the Department of Consumer and Business Ser- vices under ORS 711.620 to 711.670 or the taking possession of the assets and properties of an Oregon stock bank by the director un- der ORS 711.620 to 711.670 is not an act of insolvency of the Oregon stock bank and does not raise any presumption of insolvency.
This subsection does not apply to any claims or demands involving funds held by an Oregon stock bank under an express oral or written trust agreement, where a preference to the trust funds may be established by evidence satisfactory to the Director of the Depart- ment of Consumer and Business Services and the supervising court.
For the year 2008, annual aggregated data for all the bottling plants as a whole is considered for estimation of ratios and consumption levels.
If a company proposes to become a finan- cial holding company or a bank holding company of an Oregon stock bank, when the company files its application and any related materials with the Federal Reserve Board, the company shall submit to the Director of the Department of Consumer and Business Services copies of the application and related materials.
All fundraising dollars and donor gifts will continue to stay local and be used to support healthcare services in northcentral Pennsylvania.UPMC Susquehanna’s local governance will continue under the Board of Directors consisting of 16 volunteer business and community members along with eight newly appointed membersfrom UPMC.
The director may submit comments and recommendations for approval or disap- proval to the Federal Reserve Board con- cerning any application to become a financial holding company or a bank holding company of an Oregon stock bank that is filed with the Federal Reserve Board.