Oregon Law
Law as of Jan 1, 2026
Chapter contents
725A.010Definitions 725A.012Application 725A.020Licensing requirement 725A.022License application; contents; fee; rules 725A.024License application approval; license issuance; applicant qualifications; license denial; term of license; rules 725A.026Grounds for disapproving license application 725A.028License fee; other fees; rules 725A.030Annual report; contents; penalty; rules 725A.032Business name and location 725A.034License revocation and suspension 725A.036License reinstatement; fee 725A.038License surrender 725A.040Effect of license revocation, suspension or surrender 725A.050Director’s power to examine or investigate; costs 725A.052Record keeping requirements 725A.054Duty to report defalcation; audit 725A.056Loan disclosure requirements; receipt; procedure after full loan repayment 725A.058Dissemination of false, misleading or deceptive statement 725A.060Prohibited conduct generally 725A.062Prohibited conduct for title loan lender 725A.064Prohibited conduct for payday loan lender 725A.080Complaint and administrative remedy 725A.082Cease and desist order 725A.084Suspension or removal of officer or director of licensee 725A.086Limitation of personal liability 725A.090Loan tracking and counseling system; rules; fees 725A.092Rules 725A.500Definitions 725A.503Prohibition on servicing student loan without license; exceptions; powers of Director of Department of Consumer and Business Services; rules 725A.506Application for licensing; required contents; fee; bonding; power of director to issue, deny, revoke or refuse to renew license; date of expiration; rules 725A.509Duties of licensee; assumed business name 725A.512Requirement to maintain liquidity, operating reserves and tangible net worth; taking possession of licensee’s property for failure to meet requirement; appointment of receiver 725A.515Required notifications from licensee to director 725A.518Supervisory powers of director; examination of licensee; charge for costs of examination; multistate cooperation; rules 725A.521Required practices under federal student loan agreement; prohibitions; exemptions 725A.524Investigation of complaints; confidentiality of materials obtained in investigation; exceptions; charge for costs of investigation 725A.527Violations; orders of director; remedies; civil penalties; charge for costs of proceeding 725A.530Ombudsman; duties; report to Legislative Assembly 725A.990Penalties

Chapter 725A — Short-Term Loans and Student Loan Servicing

ORS 725A.032 Business name and location

(1)

A licensee may not conduct a business that is subject to ORS 725A.010 to 725A.092 and 725A.990 except under the name and at the place of business named in the license. The licensee at all times shall display the license conspicuously in the licensee’s place of business.

(2)

A licensee that changes the location at which the licensee conducts business as a payday loan lender or title loan lender shall notify the Director of the Department of Consumer and Business Services in writing and return the licensee’s license. The director shall amend the license to reflect the new location and return the amended license to the licensee.

(3)

The director may allow the licensee to change the location in which the licensee conducts business as a payday loan lender or title loan lender to a location outside the city named in the original license only if the director determines that the new location will serve substantially the same community that the location named in the original license served.

(4)

If the director disapproves the proposed new location, the director shall immediately notify the licensee of the disapproval and return the license unchanged to the licensee.

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Provenance

Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.