Or. Admin. Code § 735-170-0115

Current through Register Vol. 63, No. 12, December 1, 2024

Section 735-170-0115 - Change in Ownership or Cancellation of License

(1) A licensed dealer must notify the Department in writing of a change in ownership or cancellation of a license as described in ORS 319.125 before the next report is due. Performing the acts of a dealer without being properly licensed may subject the unlicensed dealer to penalties as described in ORS 319.090.

(2) An agent may sign on an individual's behalf when a valid power of attorney or guardianship is in effect.

DMV 10-2009, f. 5-22-09, cert. ef. 7-1-09

Stat. Auth.: ORS 184.616, 184.619, 319.010 - 319.430, 319.990

Stats. Implemented: ORS 319.125