ORS 708A.275¹
Establishment of loan production office
  • notice
  • fee

(1) A financial institution shall file a notice with the Director of the Department of Consumer and Business Services within 30 days of establishing a loan production office in this state. The notice shall include:

(a) The name of the financial institution and address of the main office;

(b) The name and address of the loan production office; and

(c) The name and address of the officer of the financial institution responsible for loan production office activities.

(2) A notice shall be filed for each loan production office in this state.

(3) Each notice filed under subsection (1) of this section shall be:

(a) Accompanied by a nonrefundable fee of $100.

(b) Amended when there is a material change in the information provided pursuant to subsection (1) of this section. No fee is required for amendments.

(4) A financial institution shall notify the director of the closure of a loan production office in this state, the date of closure and the disposition of any records previously maintained at the loan production office subject to closure. No fee is required for a notice of closure. [1999 c.107 §5]

1 Legislative Counsel Committee, CHAPTER 708A—Regulation of Institutions Generally, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors708A.­pdf (2007) (last ac­cessed Feb. 12, 2009).
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information