OAR 441-175-0015
When Licensing Application Deemed Abandoned

(1)

For purposes of this rule, the term “application” includes all documents, information and fees prescribed for the licensing of broker-dealers, state investment advisers, salespersons, or investment adviser representatives under ORS 59.175 (Procedures for notice filing and licensing) and OAR 441, division 175.

(2)

An application shall be deemed deficient when:

(a)

Insufficient fees have been paid and the director has notified the applicant that fees are insufficient;

(b)

Documents required by the rules in OAR 441, division 175 have not been submitted by the applicant; or

(c)

Additional information requested by the director as permitted by the rules in OAR 441, division 175 has not been submitted to the director by the applicant.

(3)

An application for licensing is deemed abandoned if:

(a)

The application has been on file for a minimum of six (6) months;

(b)

The application is deficient; and

(c)

The applicant has failed to respond to the director’s written notice of warning of abandonment within thirty (30) calendar days of the date of warning.

(4)

Fees paid in connection with an abandoned licensing application shall not be refunded.

(5)

An applicant whose application has been abandoned may reapply by submitting a new application including new fees.

Source: Rule 441-175-0015 — When Licensing Application Deemed Abandoned, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-175-0015.

441–175–0002
Fees for Licensing or Notice Filing of Firms and Individuals 441–175–0010
Definitions 441–175–0015
When Licensing Application Deemed Abandoned 441–175–0020
Exclusion from Definition of “Broker-Dealer” 441–175–0030
Exclusion from Definition of “Investment Adviser” 441–175–0040
Exclusion from Definition of “Salesperson” 441–175–0041
Exclusion from Definition of “Investment Adviser Representative” 441–175–0046
Federal Covered Investment Advisor Representative 441–175–0050
Rules of Fair Practice for Real Estate Licensees 441–175–0055
Rules of Fair Practice for Mortgage Banker and Mortgage Broker Licensees 441–175–0060
Licensing Rule Implementing, 1997 Oregon Laws Chapter 772 and the National Markets Improvement Act of 1996 441–175–0070
General Licensing Rules for Broker-Dealers, Investment Advisers and Salespersons, Succession and Acquisition 441–175–0080
Applications for Licensing of Broker-Dealers 441–175–0085
Limited Licensing of Canadian Broker-Dealers and Salespersons 441–175–0100
Applications for Licensing of Investment Advisers 441–175–0105
Material Changes, Amendments and Notice of Civil and Criminal Actions 441–175–0110
Surety Bond 441–175–0120
Licensing of Salespersons or Representatives to Non-FINRA Broker-Dealers, State or Federal Covered Investment Advisers, Issuers and Owners of Securities 441–175–0130
Licensing of Salespersons to FINRA Broker-Dealers 441–175–0140
Disqualification from Automatic Licensing 441–175–0150
Termination or Cancellation of Salesperson or Investment Adviser Representative License 441–175–0160
Renewal of FINRA Broker-Dealer and Salesperson Licenses 441–175–0165
Renewal of the Licenses of Non-FINRA Broker-Dealers or State Investment Advisers, and Their Salespersons or Investment Adviser Representatives 441–175–0171
Use of Trade Name or Assumed Business Name 441–175–0175
Internet Communications 441–175–0185
Errors and Omissions Coverage under ORS 59.175
Last Updated

Jun. 8, 2021

Rule 441-175-0015’s source at or​.us