725.120 software for licenses; Louisiana cash quick cash see of filing; annual cost. (1) program for your permit shall be in writing into the kind prescribed because of the movie director of the Department of customers and Business providers and shall support the term and the home and business address contact information associated with the candidate, and in case the candidate was a partnership or organization, of any user thereof, incase a corporation, of every policeman and movie director thereof.
(2) Notice regarding the submitting on the application shall be uploaded in the office regarding the Department of buyers and Business solutions for a month no licenses will be given before the expiration of these 30-day cycle. However, the director may waive the sharing of see and problem a license without regard to these types of 30-day duration when the software is for a license at a spot where a license has-been surrendered as a result of:
(3) a job candidate during producing software shall shell out into manager a permit fee determined under ORS 725.185 for your cycle terminating about last day of the existing calendar year. In case the licenses isn’t issued for cause or if perhaps the application form was taken following the candidate might investigated by movie director, there will probably be returned into the applicant all the permit cost except any portion thereof decided by the director to mirror management and investigative expenses sustained by the part relative to the program. Otherwise no part of any license fee shall be refunded. [Amended by 1955 c.71 A4; 1977 c.135 A49; 1985 c.762 A114]
725.140 Issuance of license; conditions. (1) Conditioned upon the applicantAs compliance with this chapter and the payment of the license fee, the Director of the Department of Consumer and Business Services, within 90 days after the date of filing the application referred to in ORS 725.120, shall disapprove the application or shall issue and deliver a license to the applicant to make loans in accordance with this chapter at the location specified in the application.
The Director in the office of customers and companies Services may disapprove a loan application for a license or no people named inside software submitted pursuant to ORS 725
(a) That the financial obligation, knowledge, figure and general physical fitness on the candidate, as well as the people thereof if the customer was a partnership or association, as well as the officers and directors thereof in the event that applicant was a corporation, are such as for instance to command the confidence with the neighborhood and to justify the fact that the company is controlled really, fairly and effortlessly within reason for this chapter; and
(b) That reasons for disapproval of an application described in ORS 725.145 don’t occur and this, when you look at the wisdom on the director, there are no additional grounds or problems that would warrant the refusal to grant a licenses.
(2) a permit released under this section will probably be a continuing licenses and shall stay static in full energy and result until the license is surrendered by licensee as provided in ORS 725.250 or revoked or dangling as supplied in ORS 725.230. [Amended by 1955 c.71 A5; 1963 c.167 A1; 1977 c.135 A50; 1985 c.762 A115; 1999 c.469 A2]
The application form shall also support the district and area with street and wide variety, or no, where in fact the company is becoming done and just about every other details which the director may require
(1) try insolvent, in a choice of the feeling the personAs debts exceed the personAs assets or your people cannot meet with the personAs duties because they grow, or is this kind of monetary situation that people cannot manage in operation with security toward personAs clientele;
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