Persons who were originally licensed as Sale of Checks licensees who renew their license under the provision of ORS 717.245 and who currently have on file a security device may continue the use of the security device provided:
- (1) The security device is in an amount sufficient to meet the requirements of ORS 717.225; or
- (2) The security device has been amended, by filing a rider or otherwise, to increase the amount of the security device to an amount required by ORS 717.225 and to reference 717.225.
- (3) The security device must be submitted through the NMLS.
Statutory/Other Authority
ORS 717.310
Statutes/Other Implemented
ORS 717.225
History
FSR 7-2017, f. & cert. ef. 4-14-17
FCS 8-2000, f. & cert. ef. 6-27-00