OAR 441-910-0050: Update Filings

(1) At least ten days prior to a change in ownership, address, bonding company, or information relating to the trust or operating account, the debt management service provider shall notify the director in writing through the Nationwide Mortgage Licensing System of the changes. (2) Within ten days after learning of an arrest of any debt management service provider owner, supervisor, or employee on a charge an essential element of which is fraud, the debt management service provider shall notify the director in writing through the Nationwide Mortgage Licensing System of the known allegations.