{"data":{"id":"us-or/ors-697.752","jurisdiction":"us-or","citation":"ORS 697.752","heading":"Grounds for denial, revocation or suspension of registration.","body":"The Director of the Department of Consumer and Business Services may deny, suspend, condition, revoke or refuse to issue or renew a registration as a debt management service provider if the director determines that an applicant or debt management service provider:\n      (1) Cannot meet financial obligations as the obligations mature, has liabilities that exceed assets or is in a financial condition that prevents the applicant or debt management service provider from continuing in business with safety to consumers;\n      (2) Engaged in dishonest, fraudulent or illegal practices or conduct in a business or profession, or unfair or unethical practices or conduct in connection with a debt management service;\n      (3) Filed, knowingly or negligently, false or untruthful information with the director under ORS 697.632;\n      (4) Violated a provision of ORS 697.642 to 697.702 or a rule the director adopted under ORS 697.632;\n      (5) Filed an application for registration that on the date the director issued a registration or on the date the director denied, suspended, conditioned or revoked a registration was incomplete in a material respect or contained a statement that was false or misleading with respect to a material fact in light of the circumstances in which the applicant or debt management service provider made the statement;\n      (6) Failed to account to interested persons for money or property the applicant or debt management service provider received;\n      (7) Was temporarily or permanently enjoined from engaging in or continuing a conduct or practice involving a debt management service by a court of competent jurisdiction;\n      (8) Is subject to a director’s order that denied, suspended, conditioned or revoked a registration as a debt management service provider, or a license or registration that the director issued under another provision of law;\n      (9) Is subject to a cease and desist order that the director entered within the previous five years after giving the applicant or debt management service provider notice and an opportunity for a hearing;\n      (10) Demonstrated negligence or incompetence in performing a debt management service or an act, the performance of which requires the applicant or debt management service provider to obtain a registration or license;\n      (11) Failed to supervise diligently and control an employee’s or agent’s actions related to a debt management service that the applicant or debt management service provider performed;\n      (12) Was convicted of a felony or of a misdemeanor for which an essential element is fraud, either as an individual that is subject to the requirement to register as a debt management service provider or as a member, partner, officer, director or principal of an applicant or debt management service provider;\n      (13) Reduced the amount of the bond required under ORS 697.642 or allowed the bond to lapse;\n      (14) Knowingly made a false entry in a consumer’s record; or\n      (15) Knowingly mutilated, destroyed or otherwise disposed of a consumer’s record unless the record concerns a consumer that no longer receives a debt management service from the applicant or debt management service provider or the record is not subject to the retention requirement set forth in ORS 697.672.","path":["17 - Occupations","52. Occupations and Professions","Chapter 697 — Collection Agencies; Check-Cashing Businesses; Debt Management Service Providers"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors697.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"0268808ebd74e5f41af10784b947a174a9ec431ffa090b3f496cf3d02296b622","source_id":"us-or","stale":false,"prev":"us-or/ors-697.750","next":"us-or/ors-697.755"},"notice":"GroundRules: Original legal text. Not legal advice."}