Or. Admin. Code § 441-840-0060

Current through Register Vol. 64, No. 1, January 1, 2025

Section 441-840-0060 - Rules for Use of an Assumed Business Name

(1) In addition to any requirements for registering an assumed business name with the Secretary of State, a data broker who intends to use an assumed business name to identify the person's data broker business shall also comply with the following before doing business under the assumed business name:

(a) If the assumed business name contains words or phrases described in ORS 56.023, the data broker must obtain specific written approval from the director under ORS 705.635 and OAR 441-005-0010.

(b) The data broker must list the name as any other assumed or doing business as names in the application.

(2) Regardless of the lack of any ownership interest in the assumed business name, the data broker is responsible for all actions of those acting under the assumed business name which relate to brokering data.

Or. Admin. Code § 441-840-0060

FSR 3-2023, temporary adopt filed 11/29/2023, effective 12/1/2023 through 5/28/2024; FSR 3-2024, adopt filed 05/21/2024, effective 5/28/2024

Statutory/Other Authority: ORS 646A.593(8)

Statutes/Other Implemented: ORS 646A.593(2) - 646A.593(4)