OAR 441-930-0065
When Application Deemed Abandoned

(1)

For purposes of this rule, the term “application” includes all documents, information and fees prescribed for the registration of a master trustee.

(2)

An application shall be deemed deficient when:

(a)

The applicant has paid insufficient fees and the director has notified the applicant that fees are insufficient;

(b)

Documents required to be submitted to the director by OAR 441-930-0030 (Applications for Registration of Master Trustees) and 441-930-0035 (Renewal Procedure) have not been submitted by the applicant; or

(c)

The applicant has not submitted information requested by the director.

(3)

An application shall be deemed abandoned if:

(a)

The application has been on file for a minimum of 60 days;

(b)

The application is deficient; and

(c)

The applicant has failed to respond within 30 days to the director’s written notice of warning of abandonment.

(4)

An applicant whose application has been abandoned may reapply by submitting a new application and registration fee.

Source: Rule 441-930-0065 — When Application Deemed Abandoned, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-930-0065.

Last Updated

Jun. 8, 2021

Rule 441-930-0065’s source at or​.us