Oregon Code § 697.528·Enacted ·Last updated March 01, 2026
Statute Text
Records; retention; examination costs; rules.
(1) A check-cashing business shall make, keep and
maintain all records used in providing money, credit or any other thing of
value in exchange for payment instruments that the Director of the Department
of Consumer and Business Services may reasonably require. The check-cashing
business shall keep and maintain the records that the director requires under
this section separate from records used for any other business that the
check-cashing business conducts. The check-cashing business shall retain the records
the director requires under this section for three years following the date of
the transaction each record describes, or for so long as the director may
prescribe by rule.
(2) The director
may examine the records required to be kept and maintained under this section
to determine whether the check-cashing business is complying with ORS 697.500
to 697.555 and with rules the director has adopted under ORS 697.500 to
697.555. The check-cashing business shall pay the Department of Consumer and
Business Services for the actual cost of the examination. The director by rule
shall establish rates and charges associated with examinations made under this
section. [2007 c.358 §11]