Oregon Administrative Rules
Chapter 441 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, FINANCE AND SECURITIES REGULATION
Division 755 - CHECK-CASHER RULES
Section 441-755-0000 - Definitions
Current through Register Vol. 63, No. 3, March 1, 2024
For purposes of ORS 697.500 through 697.555 and the rules in Division 755:
(1) "Automated check-cashing machine" means an unstaffed communications terminal that cashes payment instruments and charges a fee.
(2) "Conspicuously post" means to place in plain and unobstructed public view in a location and in a way, including form and size and typeface, that any person seeking the services of a licensee could clearly and easily see and read the contents of the posted notice.
(3) "Control" means:
(4) "Control persons" means the president, vice-president, secretary, treasurer, and directors of a corporation, partners, members, or persons with equivalent titles or duties.
(5) "Director" means the Director of the Department of Consumer and Business Services.
(6) "Licensed location" means a staffed or unstaffed place other than the principal place of business where the activity of cashing checks is conducted.
(7) "Mobile unit" means any vehicle or other movable means from which the business of cashing payment instruments is to be conducted.
(8) "Person" means an individual, partnership, company, corporation, association or any other form of legal entity, other than the state or any political subdivision of the state.
Stat. Auth.: ORS 697.550
Stats. Implemented: ORS 697.504, 697.510, & 697.526