2021 Oregon Revised Statutes
Chapter 725A - Short-Term Loans and Student Loan Servicing
Section 725A.034 - License revocation and suspension.

(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 for a hearing under ORS chapter 183 in connection with the action; and
(c) Finds that:
(A) The licensee failed to pay the annual license fee;
(B) The licensee failed to comply with a demand, ruling or requirement the director made under ORS 725A.010 to 725A.092 and 725A.990;
(C) The licensee, if the licensee is a corporation, failed to keep the corporation in good standing under applicable provisions of law;
(D) The licensee violated a provision of ORS 725A.010 to 725A.092 and 725A.990 or a rule the director adopted under ORS 725A.010 to 725A.092 and 725A.990; or
(E) A fact or condition exists that clearly would have warranted the director’s refusing to issue the license had the fact or condition existed at the time the licensee submitted an application under ORS 725A.022.
(2) The director, without notice or hearing, may suspend a license for a period not exceeding 30 days, pending investigation. The director shall provide the licensee with a reasonable opportunity for a hearing under ORS chapter 183 if the director proposes to suspend a license for a period longer than 30 days.
(3) The director may revoke or suspend only the particular license with respect to which grounds for revocation or suspension exist. If the director finds that grounds for revoking or suspending a license exist with respect to more than one of the locations in which a licensee operates, the director may revoke or suspend the license issued to the licensee for each location with respect to which grounds for revocation or suspension exist. [2010 c.23 §10]

Structure 2021 Oregon Revised Statutes