{"data":{"id":"us-or/ors-717.245","jurisdiction":"us-or","citation":"ORS 717.245","heading":"Events requiring filing of report with director.","body":"Within 15 days following the occurrence of any one of the events listed in this section, a licensee shall file a written report with the Director of the Department of Consumer and Business Services describing the event and the event’s expected effect on the licensee’s activities in this state:\n      (1) The filing for bankruptcy or reorganization by the licensee or the licensee’s sole owner;\n      (2) The commencement of revocation or suspension proceedings against the licensee by any state or governmental authority with regard to the licensee’s money transmission activities;\n      (3) Any felony indictment of the licensee or any of its key officers or directors;\n      (4) Any felony conviction of the licensee or any of its key officers or directors; or\n      (5) The theft of payment instruments from the licensee in an amount equal to or greater than 10 percent of a licensee’s monthly amount of outstanding payment instruments.","path":["18 - Financial Institutions, Insurance","53. Financial Institutions","Chapter 717 — Money Transmission"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors717.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"c88ae83f1b6a2f0ec38e3445081d424261807bcfbe8946eb917868e12ce6c49c","source_id":"us-or","stale":false,"prev":"us-or/ors-717.240","next":"us-or/ors-717.250"},"notice":"GroundRules: Original legal text. Not legal advice."}