Oregon Law
Law as of Jan 1, 2026
Chapter contents
717.010[1965 c.503 §2; 1973 c.797 §403; 1985 c.762 §51; 1987 c.373 §55; 1993 c.744 §23; repealed by 1999 c.571 §30] 717.020[1965 c.503 §1; repealed by 1999 c.571 §30] 717.030[1965 c.503 §3; 1973 c.797 §404; repealed by 1999 c.571 §30] 717.040[1965 c.503 §4; 1973 c.797 §405; repealed by 1999 c.571 §30] 717.050[1965 c.503 §5; 1973 c.797 §406; repealed by 1999 c.571 §30] 717.060[1965 c.503 §6; 1973 c.797 §407; repealed by 1999 c.571 §30] 717.070[1965 c.503 §7(1); 1973 c.797 §408; 1977 c.135 §40; repealed by 1999 c.571 §30] 717.075[1973 c.797 §409; repealed by 1999 c.571 §30] 717.080[1965 c.503 §7(2), (3); 1973 c.797 §410; 1991 c.331 §118; 1997 c.631 §527; repealed by 1999 c.571 §30] 717.084[1973 c.797 §411; repealed by 1999 c.571 §30] 717.086[1973 c.797 §412; 1991 c.331 §119; repealed by 1999 c.571 §30] 717.090[1965 c.503 §8; 1973 c.797 §413; 1991 c.331 §120; repealed by 1999 c.571 §30] 717.095[1977 c.135 §39; 1985 c.762 §52; repealed by 1999 c.571 §30] 717.100[1965 c.503 §9; 1973 c.797 §414; repealed by 1999 c.571 §30] 717.110[1965 c.503 §10; 1973 c.797 §415; repealed by 1999 c.571 §30] 717.120[1965 c.503 §11; 1973 c.797 §416; repealed by 1999 c.571 §30] 717.130[1965 c.503 §12; 1973 c.797 §417; repealed by 1999 c.571 §30] 717.140[1965 c.503 §13; repealed by 1999 c.571 §30] 717.150[1965 c.503 §14; 1973 c.797 §418; repealed by 1999 c.571 §30] 717.160[1955 c.503 §15; 1971 c.734 §173; 1973 c.797 §419; repealed by 1999 c.571 §30] 717.200Definitions 717.205License required to conduct money transmission business; relationship to banking; licensing program 717.210Exemptions; waiver; rules 717.215Requirements for licensees; net worth; permissible investments 717.220License application; rules 717.225Security devices 717.230Application fee 717.235License issuance; grounds for disapproval of application; appeals 717.240License renewal; annual fee; renewal report; rules 717.245Events requiring filing of report with director 717.250Notice of change or acquisition of control of licensee; waiver; rules 717.255Examination of licensee; notice; costs 717.260Retention of records 717.265Suspension or revocation of license; appeals 717.270Conduct of money transmission business through authorized delegates; contracts 717.275Requirements for authorized delegates 717.280Order suspending or barring authorized delegate; grounds; appeals 717.285Limit on responsibility of licensee; costs and attorney fees 717.290Cease and desist order; appeals 717.295Injunctions; consent orders 717.300Subpoena authority 717.305Consent to jurisdiction of courts; director as agent for service of process 717.310Rules 717.315Deposit of moneys in Consumer and Business Services Fund 717.320Short title 717.900Civil penalties 717.905Criminal penalties 717.910[1975 c.544 §54; 1991 c.734 §95; repealed by 1999 c.571 §30] 717.990[1965 c.503 §16; 1973 c.797 §420; repealed by 1975 c.544 §62]

Chapter 717 — Money Transmission

ORS 717.270 Conduct of money transmission business through authorized delegates; contracts

Licensees desiring to conduct a money transmission business through authorized delegates shall authorize each delegate to operate pursuant to an express written contract. The contract shall specify the following:

(1)

That the licensee appoints the person as the licensee’s delegate with authority to engage in money transmission on behalf of the licensee;

(2)

That neither a licensee nor an authorized delegate may authorize subdelegates without the written consent of the Director of the Department of Consumer and Business Services; and

(3)

That licensees, authorized delegates and subdelegates are subject to supervision and regulation by the director.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Earlier statutory text is available in an ingested published ORS edition.