OR | For business entities that are licensed in Oregon, the company must identify all owners with 10% or more interest in the company as well as the partners, officers and directors of the company. We call these roles “designations.” In addition to the initial reporting, the company needs to keep the information about their designations up to date as changes are made. Report changes via email to firstname.lastname@example.org, by fax to 503-378-4351 or by mail to DFR Licensing, PO Box 14480, Salem, OR 97301. There is no set form for the report.
When reporting updates to designations involving people, please include the licensed company’s name and license number so that we can find the correct company to enter the changes on, as well as the full list of owners, partners, officers or director’s name, the designation, and the start date if the designation is being added or the termination date if it’s being removed. If the designation is for ownership, also include the percent of ownership. When reporting an update to ownership by another company, please include the licensed company’s name and license number as well as the name of the business owning the licensee, that owning company’s FEIN, the percentage the company owns, and the start date for a new owner or the termination date if it no longer has ownership in the company.
As a best practice, the company should include the complete list of owners, partners, officers or directors so that it can be confirmed that the Oregon Division of Financial Regulation’s records are completely accurate as they make the change.