(1) If a person ceases to be the responsible managing individual for a contractor or business that is required under this chapter to have a responsible managing individual, the contractor or business shall include the following information in the notification to the Construction Contractors Board under ORS 701.114: (a) The name of the former responsible managing individual; (b) If the contractor or business is designating a qualified employee to be the responsible managing individual, the name and address for the employee; (c) If the contractor or business is designating an individual to be a temporary responsible managing individual, the name and address of the individual; and (d) Any other information required by the board. (2) Notwithstanding ORS 701.081, 701.084 and 701.091, a contractor or business described in subsection (1) of this section may operate with a temporary responsible managing individual while awaiting verification from the board that an individual designated by the contractor or business to be the responsible managing individual is qualified to hold the position. A contractor or business may operate with a temporary responsible managing individual for the earlier of 14 days after giving the notification or until the date on which the contractor or business receives notice that the board has approved an individual to be the responsible managing individual for the contractor or business.
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