Or. Admin. R. 839-014-0090 - Procedure for Obtaining an Indorsement
An indorsement may be applied for as follows:
(1) File a completed application on forms
supplied by the Bureau. In the case of a partnership or corporation, each
partner, majority shareholder or major shareholders must complete and file a
separate application form.
(2) Pay
the appropriate fees at the time the application is filed. In the case of a
partnership, each partner must pay the appropriate fee.
(3) File with the application proof of
financial ability as provided for in ORS 658.415 or 658.735, whichever is
greater, or a greater amount if required by the Commissioner, on forms supplied
by the Bureau. In the case of a partnership, each partner must file such proof.
Such proof may be a corporate surety bond, or a deposit in cash or negotiable
securities acceptable to the Commissioner.
(4) File any assumed business name and
corporate name with the Corporation Division and submit proof of such filing
with the application.
(5) If a
corporation, show proof of being authorized to do business in Oregon.
Notes
Statutory/Other Authority: ORS 658.407, ORS 658.415, ORS 658.730, ORS 658.735 & ORS 658.820
Statutes/Other Implemented: ORS 658.407, ORS 658.415, ORS 658.730, ORS 658.735 & ORS 658.820
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