The fresh new permit can be inside the a form prescribed by Manager of your own Agency away from User and Providers Services and you may will county the new address of which the company is to be used and you may a full identity of licensee
(5) Are forever otherwise temporarily enjoined of the a courtroom away from competent legislation from entering otherwise continuous one perform otherwise routine connected with any aspect of the consumer fund providers;
(6) ‘s the topic regarding your order of your director, subjecting the individual so you’re able to an excellent and other municipal penalty lower than the financial institution Act, ORS part 722 otherwise 723 otherwise which section, or deleting the individual away from an office in almost any organization managed within the Lender Work, ORS section 722 otherwise 723 otherwise that it chapter; or
(7) ‘s the subject off your order inserted within the last five ages, subjecting the individual to help you a superb and other municipal punishment, otherwise deleting anyone off an office in a condition banking establishment, a national lender, your state or federal discounts connection, your state otherwise government credit partnership or a consumer finance company, approved because of the regulatory power of some other condition or of one’s federal government with expert more such as finance institutions, offers relationships, borrowing from the bank unions otherwise consumer finance companies. [1977 c.135 §48; 1985 c.762 §116; 1987 c.373 §68; 1987 c.650 §11]
Find from disapproval out of software. When your Manager of one’s Department regarding Consumer and you can Providers Characteristics disapproves a software to have a permit, brand new movie director shall alert the brand new applicant quickly, supplying the cause for the fresh disapproval. [Revised from the 1985 c.762 §117; 1987 c.650 §12]
Style of license; posting; transferability. This new permit are going to be kept plainly printed rather than business of one’s licensee and you may will never be transferable or assignable. [Amended because of the 1955 c.71 §6; 1985 c.762 §118]
Licenses costs; costs for additional service. (1) Each licensee should shell out for the Director of the Service of Consumer and you can Providers Qualities every year new licenses percentage determined by reference to the plan used by the manager not as much as ORS . The fee should be paid back by the time lay of the movie director in the rule installing the new plan.
(2) And additionally any licenses fee accumulated around subsection (1) of the section, whenever movie director devotes any extra awareness of the newest situations away from a beneficial licensee, sometimes abreast of determination from the director or up on demand of the licensee, the price tag on the a lot more services are the true rates thereof. [1985 c.762 §119; 1987 c.171 §7; 1987 c.373 §69]
(1) Into or in advance of February fifteen of each and every 12 months, or towards like the sites almost every other day situated because of the Manager of the Department out-of Consumer and you will Organization Characteristics because of the rule, all of the licensee shall document research with the manager. The statement will contain relevant advice necessary for the newest director in regards to the the firm and processes when you look at the preceding calendar year each and every licensed place of business used by licensee into the state. The newest declaration will likely be in the form prescribed of the manager.
(2) The licensee who doesn’t document any report called for not as much as it section into the go out given can be susceptible to a penalty off $10 on a daily basis for every go out?s impede. [Revised of the 1955 c.71 §8; 1973 c.428 §2; 1985 c.762 §120; 1999 c.469 §3; 2005 c.21 §13]
not, per most license should be having a new and you may distinct set out-of providers to make and you can finishing financing while the given contained in this chapter
Most licenses to help you same applicant. No licensee will transact any organization for the extent from the chapter but according to the title and at the spot regarding organization titled on the licenses. Brand new Director of your own Service of User and you can Company Functions age licensee whether your licensee complies with the conditions of the part governing exclusive issuance from a licenses for each eg even more permit. [Revised by 1985 c.762 §121]