Oregon Administrative Rules
Chapter 441 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, FINANCE AND SECURITIES REGULATION
Division 745 - MONEY TRANSMITTER PROGRAM
Section 441-745-0330 - Security Device

Universal Citation: OR Admin Rules 441-745-0330

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

Persons who were originally licensed as Sale of Checks licensees who renew their license under the provision of ORS 717.245 and who currently have on file a security device may continue the use of the security device provided:

(1) The security device is in an amount sufficient to meet the requirements of ORS 717.225; or

(2) The security device has been amended, by filing a rider or otherwise, to increase the amount of the security device to an amount required by ORS 717.225 and to reference 717.225.

(3) The security device must be submitted through the NMLS.

Stat. Auth.: ORS 717.310

Stats. Implemented: ORS 717.225

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