Oregon Revised Statutes Credit Unions, Lending Institutions and Pawnbrokers § 725A.024

(a) The applicant and the applicant's members, if the applicant is a partnership, limited liability company or other association, or the applicant's officers and directors, if the applicant is a corporation, have the financial responsibility, experience, character and general fitness necessary to command the confidence of the community and to warrant the belief that the applicant will operate the business honestly, fairly and efficiently and in compliance with the provisions of ORS 725A.010 to 725A.092 and 725A.990.

(b) The applicant has paid the fee required under ORS 725A.022.

(c) Grounds do not exist under ORS 725A.026 to disapprove the application.

(d) Other reasons or conditions that would warrant the director's refusal to issue a license do not exist.

(3)(a) The director shall disapprove an application and deny the applicant a license if the director finds that the applicant does not meet the standard set forth in subsection (1)(a) of this section or has not paid the required application fee or that grounds, reasons or conditions described in subsection (1)(b), (c) or (d) of this section exist and warrant the director's disapproval and denial.

(b) If the director disapproves an application or denies the applicant a license under paragraph (a) of this subsection, the director shall notify the applicant immediately and shall state the director's reasons for the disapproval or denial.

(4)(a) The director by rule shall prescribe the form of the license the director issues under this section. At a minimum, the director shall require the license to display the licensee's full name and the address at which the licensee conducts business.

(b) A license the director issues under this section: