(1) Except as provided in ORS 183.745, upon the entry of an order under ORS 59.840 to 59.980, the Director of the Department of Consumer and Business Services shall promptly give appropriate notice of the order as provided in this subsection. The notice shall state that a hearing will be held on the order if a written demand for hearing is filed with the director within 20 days after the date of service of the order. The notice shall be given to:
(a) The applicant or licensee with respect to orders entered pursuant to ORS 59.865;
(b) The loan originator and the licensee employing the loan originator with respect to orders entered pursuant to ORS 59.973; or
(c) All interested persons with respect to orders entered pursuant to any other provision of ORS 59.840 to 59.980.
(2) If timely demand for a hearing is filed by a person entitled to notice of the order, the director shall hold a hearing on the order as provided by ORS chapter 183. In the absence of a timely demand for a hearing, a person is not entitled to judicial review of the order.
(3) After the hearing, the director shall enter a final order vacating, modifying or affirming the order.
(4) The director may enter a final order revoking a license notwithstanding the fact that the license has expired, if the initial order of revocation was issued prior to expiration of the license or registration. [1993 c.508 §14; 2001 c.952 §13]
Section: Previous 59.870 59.875 59.880 59.885 59.890 59.895 59.900 59.905 59.910 59.915 59.920 59.925 59.930 59.935 59.940 NextLast modified: August 7, 2008