2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 717 - Money Transmission

Section 717.200 - Definitions. - (1) "Applicant" means a person that files an application for...

Section 717.205 - License required to conduct money transmission business; relationship to banking; licensing program. - (2) A licensee may conduct business in this state at...

Section 717.210 - Exemptions; waiver; rules. - (a) Any company that accepts deposits in this state and...

Section 717.215 - Requirements for licensees; net worth; permissible investments. - (2) Every applicant, at the time of filing of an...

Section 717.220 - License application; rules. - (b) The director, by rule, may conform the practices, procedures...

Section 717.225 - Security devices. - (2) In lieu of the requirements of subsection (1) of...

Section 717.235 - License issuance; grounds for disapproval of application; appeals. - (a) Is insolvent, either in the sense that the person’s...

Section 717.240 - License renewal; annual fee; renewal report; rules. - (b) In addition to paying the fee described in paragraph...

Section 717.245 - Events requiring filing of report with director. - (1) The filing for bankruptcy or reorganization by the licensee...

Section 717.250 - Notice of change or acquisition of control of licensee; waiver; rules. - (2) Notwithstanding subsection (1) of this section, the director may...

Section 717.255 - Examination of licensee; notice; costs. - (2) The director may conduct an on-site examination of a...

Section 717.260 - Retention of records. - (a) A record of each payment instrument sold; (b) A...

Section 717.265 - Suspension or revocation of license; appeals. - (a) Any fact or condition exists that, if it had...

Section 717.270 - Conduct of money transmission business through authorized delegates; contracts. - (1) That the licensee appoints the person as the licensee’s...

Section 717.275 - Requirements for authorized delegates. - (2) All money transmission activities conducted by authorized delegates shall...

Section 717.280 - Order suspending or barring authorized delegate; grounds; appeals. - (2) The director may issue an order under subsection (1)...

Section 717.285 - Limit on responsibility of licensee; costs and attorney fees. - (2) In addition to any amounts under subsection (1) of...

Section 717.290 - Cease and desist order; appeals. - (a) Order the person to cease and desist from the...

Section 717.295 - Injunctions; consent orders. - (2) The director may enter into consent orders at any...

Section 717.300 - Subpoena authority. - (2) If a person fails to comply with a subpoena...

Section 717.305 - Consent to jurisdiction of courts; director as agent for service of process. - (a) Consented to the jurisdiction of the courts of this...

Section 717.310 - Rules. - (2) In addition to the notice requirements of ORS chapter...

Section 717.900 - Civil penalties. - (2) Appeals from orders of the director under this section...

Section 717.905 - Criminal penalties. - (2) Any person that makes a material, false statement in...