The term "Branch Office" is defined as a location, separate from the principal place of business of the licensed mortgage broker or mortgage banker ("licensee"), where a licensee or persons authorized to act on behalf of a licensee perform the activities described in ORS 59.840(5)(a) and 59.840(7)(a).
Surety bond rider. Increase bond coverage by $5,000 for each new branch to maximum of $50,000, if applicable. Add ABN/DBA used by new branch, if applicable.
License duration information The branch license is valid for up to two years, depending on the firm's initial license - but all licenses will expire no later than December 31, 2010.
Agency Information
Please refer to the Agency Website for further details and additional information.
Agency Name:
Finance & Corporate Securities Div DFCS - Licenses