In addition to the authority conferred by ORS 646.608:
(1) Upon the director’s own motion or upon receipt of a complaint by a customer of a credit services organization or of a person acting as a credit services organization without registration, the director may audit the organization’s customer records. If the director finds any discrepancies in the customer records, the director may audit any other accounts or records kept by the organization for discrepancies. The credit services organization or person acting as a credit services organization without registration shall pay the reasonable cost of any audit under this section, as determined by the director.
(2) The director may refuse to issue or renew or may revoke or suspend any registration under ORS 646A.256 if the Department of Consumer and Business Services determines that:
(a) Any information a credit services organization files with the department is false or untruthful;
(b) A credit services organization has violated ORS 646A.252 to 646A.270;
(c) A credit services organization has violated any of the rules of the department adopted under this section and ORS 646.608; or
(d) A credit services organization has failed to maintain in effect the bond or an irrevocable letter of credit required by ORS 646A.258.
(3) If the director issued an initial order of revocation of a registration before the expiration of the registration, the director may enter a final order of revocation even though the registration has expired.
(4) The department may impose a civil penalty in an amount not to exceed $1,000 per violation for each violation of ORS 646A.252 to 646A.270. The civil penalties shall be imposed as provided in ORS 183.745.
(5) Actions of the director under subsections (1) to (4) of this section are subject to the provisions of ORS chapter 183.
(6) The director may adopt rules necessary for the administration of ORS 646.608 and 646A.250 to 646A.270. [Formerly 646.396]
Section: Previous 646A.252 646A.254 646A.256 646A.258 646A.260 646A.262 646A.264 646A.266 646A.268 646A.270 646A.274 646A.276 646A.278 646A.280 646A.282 NextLast modified: August 7, 2008