OAR 863-014-0061
Affiliated and Subsidiary Organizations

(1)

Affiliated organizations are two or more organizations whose controlling ownership interests are owned by the same licensee, licensees, entity, or entities.

(2)

A subsidiary organization is one in which the majority of the voting stock or controlling ownership interest is owned by another organization.

(3)

Affiliated or subsidiary business organizations may use the same principal broker, provided that the individual registering the business name submits proof satisfactory to the commissioner that the principal real estate broker or brokers involved actually manages and controls each affiliated and subsidiary organization.

(4)

As used in this rule, controlling ownership interest(s) means owning 51 percent or more.

Source: Rule 863-014-0061 — Affiliated and Subsidiary Organizations, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=863-014-0061.

863–014–0000
Applicability and Purpose 863–014–0003
Definitions 863–014–0010
License Application Content 863–014–0015
Background Check Application and Fingerprint 863–014–0020
Examinations 863–014–0030
License Issue, Term and Form 863–014–0035
Real Estate Broker Licensing Requirements 863–014–0040
Principal Real Estate Broker Licensing Requirements 863–014–0042
Waiver of Experience Requirements 863–014–0050
License Renewal 863–014–0054
Temporary Authorization for Armed Forces Spouses or Domestic Partners 863–014–0060
Limited Licenses and Renewal 863–014–0061
Affiliated and Subsidiary Organizations 863–014–0062
Mailing Address, Email Address, Address Change, Service of Notice 863–014–0063
Real Estate License Transfers, Principal Brokers’ Responsibilities, Authority to Use Registered Business Name 863–014–0065
Inactive License, Change License Status to Active, License Reactivation 863–014–0066
Licensee Name Change 863–014–0067
Alternative Name Registration 863–014–0070
License Surrender 863–014–0075
Reissuing Suspended License 863–014–0076
Signature Requirements 863–014–0080
Nonresident License Recognition 863–014–0085
Authorization to Control Principal Broker’s Business 863–014–0090
Authorization to Temporarily Supervise 863–014–0095
Business Name Registration 863–014–0097
Registered Business Name Renewal 863–014–0100
Branch Office Registration 863–014–0160
Deceased or Incapacitated Principal Broker
Last Updated

Jun. 8, 2021

Rule 863-014-0061’s source at or​.us