Section 697.550 – Rules.
The Director of the Department of Consumer and Business Services may adopt rules for the purpose of carrying out the provisions of ORS 697.500 to 697.555. [2007 c.358 §16]
Section 697.555 – Civil penalties; restitution.
(1) If the Director of the Department of Consumer and Business Services finds that a person has violated a provision of ORS 697.500 to 697.555 or any rules adopted under ORS 697.500 to 697.555, the director may impose in the manner provided in ORS 183.745 a civil penalty in an amount not to exceed $1,000 […]
Section 697.526 – Notice of fees and charges; filing with department.
A check-cashing business shall conspicuously post and at all times display in each business location a notice that states the fees, services charges or other consideration that the business charges for cashing payment instruments. A licensee shall also file with the Director of the Department of Consumer and Business Services a copy of the notice […]
Section 697.528 – Records; retention; examination costs; rules.
(1) A check-cashing business shall make, keep and maintain all records used in providing money, credit or any other thing of value in exchange for payment instruments that the Director of the Department of Consumer and Business Services may reasonably require. The check-cashing business shall keep and maintain the records that the director requires under […]
Section 697.530 – Prohibited conduct.
A check-cashing business may not: (1) Publish, disseminate or cause to be published or disseminated a communication that contains a false, misleading or deceptive statement or representation. (2) Conduct business at premises or locations other than locations licensed by the Director of the Department of Consumer and Business Services. (3) Engage in unfair, deceptive or […]
Section 697.540 – Suspension or revocation of license; grounds; notice and hearing.
(1) The Director of the Department of Consumer and Business Services may by order suspend or revoke any license issued under ORS 697.514 if the director finds that any of the following circumstances are true: (a) The licensee has violated a provision of ORS 697.500 to 697.555 or of a rule or order the director […]
Section 697.542 – Powers of director; cease and desist order.
The Director of the Department of Consumer and Business Services may: (1) Make such investigations as the director deems necessary to determine whether a person has violated, is violating or is preparing to violate ORS 697.500 to 697.555 or a rule or order adopted or issued under ORS 697.500 to 697.555. (2) Require a person […]
Section 697.500 – Definitions for ORS 697.500 to 697.555.
As used in ORS 697.500 to 697.555: (1)(a) “Check-cashing business” means a person that conducts a business that for a fee, service charge or other consideration provides money, credit or any other thing of value in exchange for payment instruments. (b) “Check-cashing business” does not include a financial institution as defined in ORS 706.008 or […]
Section 697.502 – Exemptions from licensing and record-keeping requirements.
(1) ORS 697.510, 697.512, 697.514 and 697.540 do not apply to a person licensed under ORS 717.200 to 717.320. (2) ORS 697.510, 697.512, 697.514, 697.528 and 697.540 do not apply to a person engaged in the bona fide retail sale of goods or services and not purporting to be a check-cashing business that, as an […]
Section 697.504 – Licensing requirement.
Except as provided in ORS 697.502, a person may not conduct, purport to conduct or advertise that the person conducts a check-cashing business without first obtaining a license under ORS 697.514. [2007 c.358 §3]