Oregon Statutes

§ 97.948 — Grounds for discipline by director for violation of ORS 97.923 to 97.949; suspension and revocation of certificate or registration; civil penalties; notification of board

Oregon § 97.948
JurisdictionOregon
Vol.3
Title 10Property Rights and Transactions
Ch.97

This text of Oregon § 97.948 (Grounds for discipline by director for violation of ORS 97.923 to 97.949; suspension and revocation of certificate or registration; civil penalties; notification of board) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Or. Rev. Stat. § 97.948 (2026).

Text

(1)The Director of the Department of Consumer and Business Services may discipline a certified provider, master trustee or entity acting as a certified provider or master trustee without certification or registration who has been found by an audit or examination conducted by the director:
(a)To be in violation of ORS 97.923 to 97.949;
(b)To have liabilities that exceed assets;
(c)To be unable to meet obligations as they come due; or
(d)To be in a financial condition that fails to adequately protect the interests of customers.
(2)In disciplining a certified provider, master trustee or entity acting as a certified provider or master trustee without certification or registration under subsection (1) of this section, the director may take the following actions:
(a)Impose probation.
(b)

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Related

§ 97.923
Oregon § 97.923
§ 183.745
Oregon § 183.745

Legislative History

2001 c.796 §4; 2003 c.362 §7; 2005 c.338 §2; 2012 c.7 §15

Nearby Sections

15
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Bluebook (online)
Oregon § 97.948, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/97.948.