Or. Admin. Code § 441-860-0110

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

Section 441-860-0110 - Examination Charges Mortgage Bankers or Mortgage Brokers Pay to the Director

(1) Examination charges shall be paid upon receipt of the invoice of examination fees.

(2) In addition to the initial application and renewal fees assessed under ORS 86A.124 and these rules, licensees shall pay an examination charge in the amount of $75 an hour for each person used in performance of the examination.

(3) Notwithstanding section (2) of this rule:

(a) If an employee of the Department is required to travel out of state to perform the work described by section (2) of this rule, the rate of charge is $75 per hour plus costs for travel and subsistence for each such person;

(b) If the work described in section (2) of this rule is performed by a consultant hired by contract for the particular work, the charge payable by the licensee is the actual cost to the director of the contract consultant.

Or. Admin. Code § 441-860-0110

FCS 3-1993, f. & cert. ef. 11-15-93; FCS 11-1994, f. 11-4-94, cert. ef. 11-15-94; FCS 10-2001, f. 12-24-01, cert. ef. 1-1-02; FCS 8-2008, f. & cert. ef. 8-28-08; FCS 4-2012, f. & cert. ef 8-1-12

Stat. Auth.: ORS 86A.124

Stats. Implemented: ORS 86A.124