Or. Admin. Code § 441-910-0050 - Update Filings
(1) At least ten
days prior to a change in ownership, address, bonding company, or information
relating to the trust or operating account, the debt management service
provider shall notify the director in writing through the Nationwide Mortgage
Licensing System of the changes.
(2) Within ten days after learning of an
arrest of any debt management service provider owner, supervisor, or employee
on a charge an essential element of which is fraud, the debt management service
provider shall notify the director in writing through the Nationwide Mortgage
Licensing System of the known allegations.
Notes
Stat. Auth.: 2009 OL Ch 604, § 21
Stats. Implemented: ORS 697.632
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