Department of Consumer and Business Services

ORS 705.635
Certificate of approval of certain business registry names filed under ORS 56.023


(1)

A person may submit a written request for a certificate from the Director of the Department of Consumer and Business Services for purposes of complying with the provisions of ORS 56.023 (Approval of name of entity by Director of Department of Consumer and Business Services required in certain business registry filings). The request shall provide such information as the director may require by rule or order.

(2)

Upon receiving a request for a certificate under subsection (1) of this section, the director shall within 10 business days determine whether the requested name and intended activity are in compliance with the provisions of the Bank Act and ORS 86A.095 (Short title) to 86A.198 (Materials in languages other than English), 86A.990 (Criminal penalties for violations of ORS 86A.095 to 86A.198) and 86A.992 (Civil penalties for violations of ORS 86A.095 to 86A.198) and ORS chapters 59, 645, 705, 717, 725 and 726.

(3)

(a) If the director determines that use of the requested name or intended activity is in compliance with the Bank Act and ORS 86A.095 (Short title) to 86A.198 (Materials in languages other than English), 86A.990 (Criminal penalties for violations of ORS 86A.095 to 86A.198) and 86A.992 (Civil penalties for violations of ORS 86A.095 to 86A.198) and ORS chapters 59, 645, 705, 717, 725 and 726, the director shall issue a written certificate.

(b)

If the director determines that use of the requested name or intended activity is not in compliance with the Bank Act and ORS 86A.095 (Short title) to 86A.198 (Materials in languages other than English), 86A.990 (Criminal penalties for violations of ORS 86A.095 to 86A.198) and 86A.992 (Civil penalties for violations of ORS 86A.095 to 86A.198) and ORS chapters 59, 645, 705, 717, 725 and 726, the director shall promptly notify the requester in writing, who may:

(A)

Amend the name or activity and submit a written request to the director for reconsideration; or

(B)

Request that the director conduct an administrative hearing. The hearing shall be conducted as a contested case hearing pursuant to ORS chapter 183. [2001 c.315 §45; 2009 c.541 §25]

Source

Last accessed
Jun. 26, 2021