§ 475A.415 — Authority to require financial disclosure from licensee

Oregon § 475A.415

• Jurisdiction: Oregon
• Vol.: 14
• Title 37: Alcoholic Liquors; Controlled Substances; Drugs
• Ch. 475A: Psilocybin Regulation

Text

(1) The Oregon Health Authority may require a licensee or applicant for a license under ORS 475A.210 to 475A.722 to submit, in a form and manner prescribed by the authority, to the authority a sworn statement showing:
(a) The name and address of each person that has a financial interest in the business operating or to be operated under the license; and
(b) The nature and extent of the financial interest of each person that has a financial interest in the business operating or to be operated under the license.
(2) The authority may refuse to issue, or may suspend, revoke or refuse to renew, a license issued under ORS 475A.210 to 475A.722 if the authority determines that a person that has a financial interest in the business operating or to be operated under the license committed or failed to commit an act that would constitute grounds for the authority to refuse to issue, or to suspend, revoke or refuse to renew, the license if the person were the licensee or applicant for the license.

Legislative History

2021 c.1 §48