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717.010[1965 c.503 §2; 1973 c.797 §403; 1985 c.762 §51; 1987 c.373 §55; 1993 c.744 §23; repealed by 1999 c.571 §30] 717.020[1965 c.503 §1; repealed by 1999 c.571 §30] 717.030[1965 c.503 §3; 1973 c.797 §404; repealed by 1999 c.571 §30] 717.040[1965 c.503 §4; 1973 c.797 §405; repealed by 1999 c.571 §30] 717.050[1965 c.503 §5; 1973 c.797 §406; repealed by 1999 c.571 §30] 717.060[1965 c.503 §6; 1973 c.797 §407; repealed by 1999 c.571 §30] 717.070[1965 c.503 §7(1); 1973 c.797 §408; 1977 c.135 §40; repealed by 1999 c.571 §30] 717.075[1973 c.797 §409; repealed by 1999 c.571 §30] 717.080[1965 c.503 §7(2), (3); 1973 c.797 §410; 1991 c.331 §118; 1997 c.631 §527; repealed by 1999 c.571 §30] 717.084[1973 c.797 §411; repealed by 1999 c.571 §30] 717.086[1973 c.797 §412; 1991 c.331 §119; repealed by 1999 c.571 §30] 717.090[1965 c.503 §8; 1973 c.797 §413; 1991 c.331 §120; repealed by 1999 c.571 §30] 717.095[1977 c.135 §39; 1985 c.762 §52; repealed by 1999 c.571 §30] 717.100[1965 c.503 §9; 1973 c.797 §414; repealed by 1999 c.571 §30] 717.110[1965 c.503 §10; 1973 c.797 §415; repealed by 1999 c.571 §30] 717.120[1965 c.503 §11; 1973 c.797 §416; repealed by 1999 c.571 §30] 717.130[1965 c.503 §12; 1973 c.797 §417; repealed by 1999 c.571 §30] 717.140[1965 c.503 §13; repealed by 1999 c.571 §30] 717.150[1965 c.503 §14; 1973 c.797 §418; repealed by 1999 c.571 §30] 717.160[1955 c.503 §15; 1971 c.734 §173; 1973 c.797 §419; repealed by 1999 c.571 §30] 717.200Definitions 717.205License required to conduct money transmission business; relationship to banking; licensing program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 717.305 Consent to jurisdiction of courts; director as agent for service of process

(1)

Any licensee, authorized delegate or other person that knowingly engages in the money transmission business under ORS 717.200 to 717.320, 717.900 and 717.905, with or without filing a license application, is considered to have:

(a)

Consented to the jurisdiction of the courts of this state for all actions arising under ORS 717.200 to 717.320, 717.900 and 717.905; and

(b)

Appointed the Director of the Department of Consumer and Business Services as the licensee’s, delegate’s or person’s lawful agent for the purpose of accepting service of process in any action, suit or proceeding that may arise under ORS 717.200 to 717.320, 717.900 and 717.905.

(2)

Within three business days after service of process upon the director, the director shall transmit by certified mail copies of all lawful process accepted by the director as an agent to the person for whom service of process is accepted at the person’s last known address. Service of process shall be considered complete three business days after the director deposits copies of the documents in the United States mail.

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.