Oregon Statutes - Chapter 701 - Construction Contractors and Contracts - Section 701.091 - Responsible managing individual.

(1) A business licensed under this chapter must at all times have at least one responsible managing individual.

(2) Subsection (1) of this section does not apply to a business licensed with endorsement solely as a residential or commercial developer. [Formerly 701.078]

Note: The amendments to 701.091 (formerly 701.078) by section 21, chapter 836, Oregon Laws 2007, become operative July 1, 2008. See section 70, chapter 836, Oregon Laws 2007. The text that is operative until July 1, 2008, including amendments by section 26, chapter 648, Oregon Laws 2007, is set forth for the userís convenience.

701.091. (1) A business licensed under this chapter must at all times have at least one responsible managing individual.

(2) Subsection (1) of this section does not apply to a licensed developer.

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Last modified: August 7, 2008