Section 646A.640 – Definitions.
As used in ORS 646A.640 to 646A.673: (1) “Applicant” means a person that applies for a license to engage in business as a debt buyer in this state. (2) “Controller” means: (a) A director, officer or general partner of a business entity; (b) A managing member of a limited liability company; (c) A person that […]
Section 646A.643 – License requirement to engage in debt buying; exemptions.
(1) Except as provided in subsection (2) of this section, a person may not engage in debt buying in this state unless the person obtains or renews a license under ORS 646A.646. (2)(a) A person need not obtain or renew a license under subsection (1) of this section if the person is: (A) A financial […]
Section 646A.646 – License application; requirements; application through Nationwide Multistate Licensing System; fee; insurance; license renewal; director’s investigation; license term; suspension or revocation; rules.
(1)(a) A person that is subject to the requirement to obtain or renew a license under ORS 646A.643 (1) shall submit an application to the Director of the Department of Consumer and Business Services in the manner the director specifies by rule. The director by rule shall specify the format and contents of the application […]