ORS 696.545
Investigation
- injunction
- jurisdiction
(1)
The Real Estate Commissioner may investigate either upon complaint or otherwise whenever it appears that an escrow agent has violated ORS 696.505 (Definitions for ORS 696.505 to 696.590) to 696.590 (Penalty amounts) or that any person is engaging in the escrow business without being licensed under the provisions of ORS 696.505 (Definitions for ORS 696.505 to 696.590) to 696.590 (Penalty amounts).(2)
If upon investigation it appears that such agent is so conducting business the commissioner may, in addition to any other remedies, bring action in the name and on behalf of the State of Oregon against such person and any other person acting in violation of ORS 696.505 (Definitions for ORS 696.505 to 696.590) to 696.590 (Penalty amounts), to enjoin such person and such other person from continuing any act in violation of ORS 696.505 (Definitions for ORS 696.505 to 696.590) to 696.590 (Penalty amounts).(3)
The circuit court of any county of this state is vested with jurisdiction to restrain illegal practices or transactions and may grant injunctions to prevent and restrain such illegal practices or transactions, in addition to the penalties and other remedies provided in ORS 696.505 (Definitions for ORS 696.505 to 696.590) to 696.590 (Penalty amounts). The court shall have power, during the pendency of the proceedings before it to issue such preliminary restraining orders as may appear to be just and proper; and the findings of the commissioner shall be deemed to be prima facie evidence and sufficient ground, in the discretion of the court, for the issue ex parte of a preliminary restraining order.(4)
In any such court proceedings the commissioner may apply for and on due showing be entitled to have issued the court’s subpoena requiring forthwith the appearance of any defendant and employees of the defendant and the production of documents, books and records as may appear necessary for the hearing of such petition, to testify and give evidence concerning the acts or conduct or things complained of in such application for injunction. [1963 c.440 §9; 1979 c.284 §194; 1981 c.617 §28; 1991 c.874 §8]
Source:
Section 696.545 — Investigation; injunction; jurisdiction, https://www.oregonlegislature.gov/bills_laws/ors/ors696.html.
Up to date