Chapter 707

 

      Chapter 707

 

ATTY. GEN. OPINIONS: Applicability of licensing and registration requirements under Bank Act to loan solicitation office operating in Oregon, (1985) Vol. 44, p 378

 

      707.010

 

ATTY. GEN. OPINIONS: Superintendent’s discretionary authority to restrict use of terms “bank”, “trust” and “banker” where proposed name does not clearly indicate business is not bank or trust company, (1981) Vol 41, p 471

 

      707.080

 

NOTES OF DECISIONS

 

      Automated tellers, located separately from the servicing bank, are so restricted to a limited class of users that they fail to satisfy the requirement that new branches be found to promote the public convenience and advantage. Independent Bankers of Ore. v. Camp, 357 F Supp 1352 (1973)

 

      707.160

 

NOTES OF DECISIONS

 

      Where plaintiff and defendant bank entered into agreement in contravention of this statute, loan agreement is void because statute is designed specifically to protect future depositors from these agreements. Grimmett Excavating Contractors v. Farmers & Merchants Bank, 64 Or App 399, 668 P2d 439 (1983)