Oregon State Statutes - Oregon Attorney Directory

In addition to the provisions of ORS 646.608:

(1) Upon the director's own motion or upon receipt of a complaint by a customer of the credit services organization, the director may audit the credit services organization's customer records. If the director finds any discrepancies in the customer records of the credit services organization, the director may also audit the operating accounts and any other accounts or records kept by the credit services organization for discrepancies. The credit services organization shall pay the reasonable cost of any audit under this section, as determined by the director.

(2) The director may refuse to issue or renew or may revoke or suspend any registration under ORS 646.386 if the Department of Consumer and Business Services determines that:

(a) Any information a credit services organization files with the department is false or untruthful;

(b) A credit services organization has violated any of the provisions of ORS 646.382 to 646.396;

(c) A credit services organization has violated any of the rules of the department adopted under ORS 646.380 to 646.396 and 646.608; or

(d) A credit services organization has failed to maintain in effect the bond or an irrevocable letter of credit required under ORS 646.388.

(3) The department may impose a civil penalty in an amount not to exceed $1,000 per violation for each violation of ORS 646.382 to 646.396. The civil penalties shall be imposed as provided in ORS 183.745.

(4) Actions of the director under subsections (1) to (4) of this section are subject to the provisions of ORS chapter 183.

(5) The director may adopt rules necessary for the administration of ORS 646.380 to 646.396 and 646.608.

[1993 c.582 §§9,10]

MANUFACTURED DWELLINGS

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