Or. Admin. R. 635-010-0070

Current through Register Vol. 63, No. 6, June 1, 2024
Section 635-010-0070 - Change in Ownership of Agency; Non-Transferability of Agency

An agent must notify the Department in writing before any change in ownership, use of assumed business name, or dissolution of partnership or corporation as shown in the Agreement. A license agency is not transferable and may not be used as a condition of sale.

Or. Admin. R. 635-010-0070

3WC 2, f. 12-19-73, ef. 1-11-74, Renumbered from 630-010-0073; FWC 124-1990, f. 11-28-90, cert. ef. 1-1-91; DFW 33-2000, f. & cert. ef. 6-19-00; DFW 160-2018, amend filed 10/18/2018, effective 1/1/2019

Statutory/Other Authority: ORS 496 & 497

Statutes/Other Implemented: ORS 496 & 497