Or. Admin. R. 259-059-0430 – Surrender of a Private Security Entity License

(1) A licensee may request the Department accept the surrender of the license. The request must be submitted in writing.
(2) The license remains in effect until the Department accepts the surrender.
(3) If the Department accepts the surrender, the Department will notify the licensee of the acceptance date. The person must stop operating as a private security entity as of the acceptance date.
(4) If the person wants to operate as a private security entity after the acceptance date, the person must apply for a new license by meeting all the initial requirements for licensure under ORS 181A.900 to 181A.918 and OAR Chapter 259 Division 59.
(5) If the licensee is the subject of a pending protest, complaint, or Department investigation, the Department may accept the surrender through a stipulated order revoking the license. The stipulated order may prohibit the person from being licensed for a specified ineligibility period.

ORS 181A.870 & ORS 181A.900

ORS 181A.900