Consumer Finance

ORS 725.120
Application for license

  • annual fee


Application for a license required under ORS 725.045 (Prohibition on making certain consumer finance loans without license) shall be in writing in a form prescribed by the Director of the Department of Consumer and Business Services. The application shall contain the name and both the residence and business addresses of each individual applicant, of each member of a partnership or association that applies for a license and of each officer or director of a corporation that applies for a license. The application shall also contain the county and city with street and number, if any, where the business is to be conducted and any other information the director may require.


An applicant, at the time the applicant applies for a license under this section, shall pay to the director a license fee determined under ORS 725.185 (License fees) for the period terminating on the last day of the current calendar year. If the director denies the applicant a license for cause or if the applicant withdraws the application after the director investigates the applicant, the director shall refund the license fee paid under this subsection, less an amount that reflects the director’s administrative and investigative costs for the application. [Amended by 1955 c.71 §4; 1977 c.135 §49; 1985 c.762 §114; 2009 c.541 §43]


Last accessed
May 26, 2023