# ORS § 706.520: 706.520 Request by directors or stockholders for examination

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.520

## Section

- **Citation:** ORS § 706.520
- **Heading:** 706.520 Request by directors or stockholders for examination
- **Jurisdiction:** Oregon
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OR Code / Title 53 / Chapter 706 / Section 706.520

## Text

When requested in writing by the board of directors of a banking institution or stockholders owning a majority of the capital stock of an institution or an Oregon stock savings bank, the Director of the Department of Consumer and Business Services may make or cause to be made an examination into the affairs and conditions of the banking institution or Oregon stock savings bank. The banking institution or Oregon stock savings bank shall pay the actual costs of the examination as provided in ORS 706.544 (Costs for special examination or other actions taken) . [Amended by 1973 c.797 §23; 1985 c.762 §26; 1985 c.786 §8; 1997 c.631 §4; 1999 c.59 §214]

Source: Section 706.520 — Request by directors or stockholders for examination; costs , https://www.­oregonlegislature.­gov/bills_laws/ors/ors706.­html (accessed May 26, 2025).

## Nearby sections

- [ORS § 706.005 706.005 Definitions for Bank Act](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.005.md)
- [ORS § 706.008 706.008 Additional definitions for Bank Act](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.008.md)
- [ORS § 706.015 706.015 Bank Act references to federal statutes and regulations](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.015.md)
- [ORS § 706.500 706.500 Examination of banking institutions and non-Oregon institutions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.500.md)
- [ORS § 706.515 706.515 Agreements with other bank supervisory agencies and Financial Crimes Enforcement Network](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.515.md)
- [ORS § 706.520 706.520 Request by directors or stockholders for examination](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.520.md)
- [ORS § 706.530 706.530 Annual fees paid by banking institutions and non-Oregon institutions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.530.md)
- [ORS § 706.544 706.544 Costs for special examination or other actions taken](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.544.md)
- [ORS § 706.560 706.560 Appraisal of securities and audit](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.560.md)
- [ORS § 706.570 706.570 Requirement that banking institution keep books and accounts](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.570.md)
- [ORS § 706.575 706.575 Certificate as evidence that document is filed with director](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.575.md)
- [ORS § 706.578 706.578 Establishment of loan production office](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.578.md)
- [ORS § 706.580 706.580 Illegal, unauthorized or unsafe practices](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.580.md)
- [ORS § 706.600 706.600 Authority to protect creditors and depositors of banking institution or non-Oregon institution](https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.600.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T53_C706_S706.520. Check the current official text before relying on it. Not legal advice.