Oregon Administrative Rules
Chapter 441 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, FINANCE AND SECURITIES REGULATION
Division 745 - MONEY TRANSMITTER PROGRAM
Section 441-745-0000 - Definitions

Universal Citation: OR Admin Rules 441-745-0000

Current through Register Vol. 63, No. 9, September 1, 2024

(1) Unless a specific definition is provided or the context otherwise requires, the words and phrases used in OAR Chapter 441, Division 745 have the meaning given them in ORS 183.310.

(2) A "Director" means the Director of the Department of Consumer and Business Services and the Director's authorized representatives.

(3) A "Department" means the Department of Consumer and Business Services.

(4) "Nationwide Multistate Licensing System and Registry" or "NMLS" means a system that the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators and successors develop and maintain for participating state agencies to use to register and license mortgage loan originators and non-depository companies and made available at www.nationwidelicensingsystem.org [File Link Not Available].

(5) A "Person" includes individuals, partnerships, corporations, associations, firms, and joint stock companies.

Stat. Auth.: ORS 717.310

Stats. Implemented: ORS 717.200

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