714.049 Investigating notices

The Director of the Department of Consumer and Business Services shall investigate each notice that a banking institution files under ORS 714.025 (Notice required to establish branches in Oregon or outside of Oregon) . With respect to notices for branches that the banking institution will locate outside this state, the director shall promptly provide the local bank supervisory agency or regulator with a copy of the notice and an opportunity to comment on the notice. The director is not bound by the local bank supervisory agency’s or regulator’s comments. [1997 c.631 §316; 2015 c.244 §88c]

Source: Section 714.049 — Investigating notices; soliciting comments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors714.­html (accessed May 26, 2025).