OAR 441-755-0150: Material Changes

(1) A licensee must make written notification to the director if there is a material change to any information the licensee previously filed with the director. (2) A material change includes the following: (a) Change to or a new item required to be disclosed under OAR 441-755-0100(6); (b) Change in form of ownership not resulting in a change of control; (c) Change of address of the principal place of business; (d) Discontinuing check-cashing activity at a licensed location; (e) Change in fees charged; (f) Identifying a significant error in the data provided in an annual report; (g) Moving required records to a new location. (3) Written notification must include the updated or corrected information, may be made by in-person delivery, mail or fax, and must be made within 30 calendar days of the occurrence of the material change.