Examples of Oregon bank in a sentence
In lieu of the bond agreement, Grantee may deposit cash with the Grantor or in a Federal or State of Oregon bank or savings and loan association on terms and conditions approved by the Grantor and the Grantee.
Oregon Revised Statute Chapter 295 requires all Oregon bank depositories holding public fund deposits to maintain securities totaling a value not less than 110 percent of the greater of:a.
The director shall assess the reasonable costs and expenses of the appraisal proceeding and the reasonable costs and expenses, including attorney fees and costs, of the Oregon bank or Oregon trust company to the dissenting members, as a group, if the amount offered by the Oregon bank or Oregon trust company is 115 percent or more of the appraised value of the membership interests.
The wire fraud charges alleged that the subsidiary had funds wired from its parent’s Oregon bank account to off-the-books bank accounts in South Korea that were controlled by the subsidiary.
Any subsequent communications regarding requests for information will be either in writing or verbally, whichever is most practical, between the earlier mentioned competent authorities or their authorized representatives.
The director may require, as a con- dition of approving a plan of conversion, the replacement of all or a portion of the members’ equity of an Oregon bank or Ore- gon trust company.
If within 30 days after notice of the offer, one or more dissenting members do not accept the offer of the Oregon bank or Ore- gon trust company or if no offer is made, then the value of the membership interests of the dissenting members who have not ac- cepted the offer shall be ascertained, as of the effective date of the conversion, by an independent, qualified appraiser chosen by the Director of the Department of Consumer and Business Services.
Any member who accepts the offer of the Oregon bank or Oregon trust company within 30 days following the date on which notice of the offer was mailed or delivered to dissenting members shall be paid the price per share offered in cash, within 30 days fol- lowing the date on which the member com- municates acceptance in writing to the Oregon bank or Oregon trust company.
Amounts required to be paid by the Oregon bank or Oregon trust company, or by the dissenting members under this section shall be paid within 30 days after the director’s assessment of any fees or costs be- comes final, or, if the director’s decision is appealed, within 30 days after a final deter- mination of the fees and costs is made.
Any member who dissented to a plan of conversion under this section and who de- sires to receive the value in cash of the member’s membership interests, shall make written demand upon the Oregon bank or Oregon trust company and accompany the demand with the surrender of the member’s certificates of membership interest, properly indorsed within 30 days after the meeting of the members at which the vote to approve the plan of conversion was taken.