§ 725.185 — License fees; fees for extra service

Oregon § 725.185

• Jurisdiction: Oregon
• Vol.: 18
• Title 54: Credit Unions, Lending Institutions and Pawnbrokers
• Ch. 725: Consumer Finance

Text

(1) Each licensee shall pay to the Director of the Department of Consumer and Business Services each year the license fee set in a schedule the director adopts by rule. The fee shall be paid by the date set by the director in the rule establishing the schedule.
(2) In addition to any license fee collected under subsection (1) of this section, whenever the director devotes any extra attention to the affairs of a licensee, either upon determination by the director or upon request of the licensee, the fee for the extra service shall be the actual cost of the extra service.
(3) The director shall set or change the fee schedule described in subsection (1) of this section after considering:
(a) The amount of other moneys available for the director to use in performing the director’s duties;
(b) The costs the director will incur in performing the director’s duties in the year in which the director will collect the fee; and
(c) The amount the director needs to establish and maintain a reasonable emergency fund.

Legislative History

1985 c.762 §119; 1987 c.171 §7; 1987 c.373 §69; 2009 c.541 §45