| Updated: |
6/11/2009 |
| Description: |
A trust company is an organization that acts as a non-depository fiduciary, trustee, or agent for individuals or businesses in the administration of trust funds, estates, custodial arrangements, stock transfer and registration, and other related services. |
| Statutes, Rules, Ordinances: |
ORS 707
ORS 709
OAR 441-500
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| Duration: |
On going, dependent upon soundness & fee payment |
| Fees - application, exam, etc.: |
Application fee: $2,500
Annual assessment as established by administrative rule |
| Responsible Agency: |
Finance & Corporate Securities Div DFCS - Licenses |
| Bonding Requirements: |
Trust size less than $1,000,000, bond, etc. $50,000; $1,000,000 to $1,499,999, then $100,000; For each $500,000 or fraction in excess of $1,500,000 increase an additional $25,000; Not to exceed $1,000,000. |
| Insurance Requirements: |
FDIC Deposit Insurance is not required |
| Service Links: |
 Banks and trusts doing business in Oregon
Agency Contact Information
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Agency Information
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Please refer to the Agency Website for further details and additional information.
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| Agency Name: |
Finance & Corporate Securities Div DFCS - Licenses |
| E-mail Address: |
dcbs.dfcsmail@state.or.us
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| Phone: |
503-378-4140
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| Mail Address: |
Division of Finance & Corporate Securities
PO Box 14480
Salem, OR 97309
- 0405
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| Website Information: |
http://dfcs.oregon.gov/ |
