OAR 441-745-0330: Security Device

Persons who were originally licensed as Sale of Checks licensees who renew their license under the provision of ORS 717.245 and who currently have on file a security device may continue the use of the security device provided: (1) The security device is in an amount sufficient to meet the requirements of ORS 717.225; or (2) The security device has been amended, by filing a rider or otherwise, to increase the amount of the security device to an amount required by ORS 717.225 and to reference 717.225. (3) The security device must be submitted through the NMLS.