OAR 738-060-0040
OAR 738-060-0040. Licensing Procedures
Processing of application by the Department:
(1) The aircraft dealer shall be considered licensed as soon as the completed application and fee has been accepted by the Department.
(2) The license shall be sent to the aircraft dealer as soon as possible after acceptance of the application.
(3) The license covers only aircraft held for sale by the dealer. These aircraft cannot be used commercially, but may only be flown to demonstrate the aircraft on a non-commercial basis. Any aircraft owned by the dealer and used commercially (i.e. instruction, rental or charter) must be individually registered with the Department.