Section 725A.030 – Annual report; contents; penalty; rules.
(1) On or before February 15 of each year, or on a date the Director of the Department of Consumer and Business Services establishes by rule, a licensee shall file a report with the director in a form and with the content the director prescribes by rule. The report must contain information the director requires […]
Section 725A.032 – Business name and location.
(1) A licensee may not conduct a business that is subject to ORS 725A.010 to 725A.092 and 725A.990 except under the name and at the place of business named in the license. The licensee at all times shall display the license conspicuously in the licensee’s place of business. (2) A licensee that changes the location […]
Section 725A.034 – License revocation and suspension.
(1) The Director of the Department of Consumer and Business Services may revoke a license issued under ORS 725A.024 if the director: (a) Gives the licensee 10 days’ written notice in which the director specifies the action the director will take and the general grounds for the action; (b) Provides the licensee with reasonable opportunity […]
Section 725A.036 – License reinstatement; fee.
The Director of the Department of Consumer and Business Services may reinstate a license the director revoked if the licensee: (1) Complies with applicable provisions of law; (2) Complies with a demand, ruling or requirement the director issues or imposes; and (3) Pays a fee of $25. [2010 c.23 §11]
Section 725A.038 – License surrender.
(1) A licensee may deliver a written notice to the Director of the Department of Consumer and Business Services to surrender a license the director issued to the licensee under ORS 725A.024. (2)(a) A licensee shall surrender a license under which no material loan activity has occurred for a period of 12 consecutive months. (b) […]
Section 725A.040 – Effect of license revocation, suspension or surrender.
Revocation, suspension or surrender of a license issued under ORS 725A.024 does not impair or affect the rights or obligations specified in a lawful contract between the licensee and a borrower that existed before the revocation, suspension or surrender. [2010 c.23 §13]
Section 725A.050 – Director’s power to examine or investigate; costs.
(1) The Director of the Department of Consumer and Business Services, to secure information the director requires and to ensure compliance with ORS 725A.010 to 725A.092 and 725A.990 and rules the director adopts under ORS 725A.010 to 725A.092 and 725A.990: (a) May at any time investigate a licensee or a person required under ORS 725A.020 […]