OAR 441-755-0000
Definitions
(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:(a)
In the case of a corporation, direct or indirect ownership or the right to control 25 percent or more of the voting shares of the corporation, or the ability to elect a majority of the directors;(b)
In the case of an entity other than a corporation, the ability to change the principles, policies or practices of the organization, whether through active or passive 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.
Source:
Rule 441-755-0000 — Definitions, https://secure.sos.state.or.us/oard/view.action?ruleNumber=441-755-0000
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