(2) Upon receiving a request for a certificate under subsection (1) of this section, the director shall within 10 business days determine whether the requested name and intended activity are in compliance with the provisions of the Bank Act and ORS 86A.095 to 86A.198, 86A.990 and 86A.992 and ORS chapters 59, 645, 705, 717, 725 and 726.
(3)(a) If the director determines that use of the requested name or intended activity is in compliance with the Bank Act and ORS 86A.095 to 86A.198, 86A.990 and 86A.992 and ORS chapters 59, 645, 705, 717, 725 and 726, the director shall issue a written certificate.
(b) If the director determines that use of the requested name or intended activity is not in compliance with the Bank Act and ORS 86A.095 to 86A.198, 86A.990 and 86A.992 and ORS chapters 59, 645, 705, 717, 725 and 726, the director shall promptly notify the requester in writing, who may:
(A) Amend the name or activity and submit a written request to the director for reconsideration; or
(B) Request that the director conduct an administrative hearing. The hearing shall be conducted as a contested case hearing pursuant to ORS chapter 183. [2001 c.315 §45; 2009 c.541 §25]
Structure 2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 705 - Department of Consumer and Business Services
Section 705.010 - Definitions.
Section 705.115 - Department organization.
Section 705.117 - Consumer Advocacy Section.
Section 705.125 - Deputy director; subordinate officers and personnel.
Section 705.135 - Delegation; rules; employee indebtedness; reporting.
Section 705.141 - Criminal records check; fingerprints required; persons subject to requirement.
Section 705.143 - Combined license processing; rules.
Section 705.146 - Prescription Drug Affordability Account.
Section 705.175 - Warrant for collection of debt owed Department of Consumer and Business Services.
Section 705.330 - Withdrawal of certain documents; review; effect.
Section 705.350 - Fees for certain documents; rules.
Section 705.630 - Charging for extra expenses.
Section 705.635 - Certificate of approval of certain business registry names filed under ORS 56.023.