(2) Notwithstanding subsection (1) of this section, the director may waive the notice requirement if the director determines that the change in control does not pose any risk to the interests of the public. [1999 c.571 ยง12]
Structure 2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 717 - Money Transmission
Section 717.200 - Definitions.
Section 717.210 - Exemptions; waiver; rules.
Section 717.215 - Requirements for licensees; net worth; permissible investments.
Section 717.220 - License application; rules.
Section 717.225 - Security devices.
Section 717.235 - License issuance; grounds for disapproval of application; appeals.
Section 717.240 - License renewal; annual fee; renewal report; rules.
Section 717.245 - Events requiring filing of report with director.
Section 717.250 - Notice of change or acquisition of control of licensee; waiver; rules.
Section 717.255 - Examination of licensee; notice; costs.
Section 717.260 - Retention of records.
Section 717.265 - Suspension or revocation of license; appeals.
Section 717.270 - Conduct of money transmission business through authorized delegates; contracts.
Section 717.275 - Requirements for authorized delegates.
Section 717.280 - Order suspending or barring authorized delegate; grounds; appeals.
Section 717.285 - Limit on responsibility of licensee; costs and attorney fees.
Section 717.290 - Cease and desist order; appeals.
Section 717.295 - Injunctions; consent orders.
Section 717.300 - Subpoena authority.
Section 717.305 - Consent to jurisdiction of courts; director as agent for service of process.