Or. Admin. R. 441-755-0150

Current through Register Vol. 63, No. 8, August 1, 2024

Section 441-755-0150 - Material Changes

(1) A licensee must make written notification to the director if there is a material change to any information the licensee previously filed with the director.

(2) A material change includes the following:

(a) Change to or a new item required to be disclosed under OAR 441-755-0100(6);

(b) Change in form of ownership not resulting in a change of control;

(c) Change of address of the principal place of business;

(d) Discontinuing check-cashing activity at a licensed location;

(e) Change in fees charged;

(f) Identifying a significant error in the data provided in an annual report;

(g) Moving required records to a new location.

(3) Written notification must include the updated or corrected information, may be made by in-person delivery, mail or fax, and must be made within 30 calendar days of the occurrence of the material change.

Or. Admin. R. 441-755-0150

FCS 8-2007, f. & cert. ef. 11-30-07; FCS 3-2012, f. & cert. ef. 7-23-12

Stat. Auth.: ORS 697.550

Stats. Implemented: ORS 697.510, 697.526 & 697.530