Oregon Statutes 701.091 – Responsible managing individual
Current as of: 2023 | Check for updates
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(1) A business licensed under this chapter must at all times have at least one responsible managing individual.
Terms Used In Oregon Statutes 701.091
- Commercial developer: means a developer of property that is zoned for or intended for use compatible with a small commercial or large commercial structure. See Oregon Statutes 701.005
- Responsible managing individual: means an individual who:
(a) Is an owner described in ORS § 701. See Oregon Statutes 701.005
(2) Subsection (1) of this section does not apply to a business licensed with endorsement solely as a residential or commercial developer. [Formerly 701.078]