Title 50, Trade Regulations and Practices

A lease-purchase agreement may not contain: (1) A confession of judgment; (2) A negotiable instrument; (3) A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement; (4) A wage as…

(1) A consumer who fails to make a timely rental payment may reinstate the agreement, without losing any rights or options which exist under the agreement, by the payment of: (a) All past due rental charges; (b) If the property has been picked up, the reasonable costs of pickup a…

(1) A renegotiation shall occur when an existing lease-purchase agreement is satisfied and replaced by a new agreement undertaken by the same lessor and consumer. A renegotiation shall be considered a new agreement requiring new disclosures. A renegotiation shall not include: (a)…

(1) If an advertisement for a lease-purchase agreement refers to or states the dollar amount of any payment and the right to acquire ownership for any one specific item, the advertisement shall also clearly and conspicuously state the following items, as applicable: (a) That the …

As used in this section and ORS 646A.142: (1) “Authorized driver” means: (a) The person renting the vehicle; (b) The spouse of the person renting the vehicle, if the spouse is a licensed driver and meets any minimum age requirements contained in the rental agreement; (c) The empl…

(1) Every auto rental company doing business in the State of Oregon that offers collision damage waivers shall post a sign approved by the Department of Consumer and Business Services which states “OUR CONTRACTS OFFER OPTIONAL COLLISION DAMAGE WAIVERS AT AN ADDITIONAL COST.” (2)(…

(1) ORS 646A.150 to 646A.172: (a) Create a legal framework within which service contracts may be sold in this state; (b) Encourage innovation in the marketing and development of more economical and effective means of providing services under service contracts, while placing the r…

As used in ORS 646A.150 to 646A.172: (1) “Maintenance agreement” means a contract of limited duration that provides for scheduled maintenance only. (2)(a) “Obligor” means a person that is contractually obligated to the service contract holder to provide service under a service co…

(1)(a) For the purposes of this section, a service contract is a contract or agreement to perform or indemnify for a specific duration the repair, replacement or maintenance of property for operational or structural failure that results from a defect in materials, workmanship or …

A service contract issued, sold or offered for sale in this state shall meet the following requirements: (1) The service contract shall be written in clear, understandable language. (2) The service contract shall identify the obligor and the service contract seller. (3) If prior …

(1) A service contract seller or obligor shall not in a misleading or deceptive manner use in its name, contracts or literature, the words insurance, casualty, guaranty, surety, mutual or any other words descriptive of the insurance, casualty, guaranty, surety or mutual business.…

(1) An obligor is considered to be the agent of the insurer that issued the reimbursement insurance policy. If a service contract seller acts as an obligor and enlists other service contract sellers, the service contract seller acting as the obligor shall notify the insurer of th…

(1) The Director of the Department of Consumer and Business Services may, upon a reasonable belief that a violation of ORS 646A.154, 646A.156 or 646A.158 has occurred, make necessary public and private investigations within or without this state to determine whether any person ha…

(1) Except as provided in subsection (3) of this section, a complaint made to the director against any person regulated by ORS 646A.150 to 646A.172, 742.390 and 742.392, and the record thereof, shall be confidential, and shall not be disclosed or available for public inspection o…

The Director of the Department of Consumer and Business Services may refuse to continue or may suspend or revoke an obligor’s registration if the director finds after a hearing that: (1) The obligor has intentionally engaged in a pattern or practice of failing to comply with any …

(1) Each obligor that issues a service contract to a resident of this state shall pay an assessment not to exceed $1,000 to the Director of the Department of Consumer and Business Services for the purpose of supporting the legislatively authorized budget of the department for adm…

The application of any remedy under any provision of ORS 646A.150 to 646A.172, 742.390 and 742.392 shall not preclude the application of any other remedy under ORS 646A.150 to 646A.172, 742.390 and 742.392 or any other provision of law. The application of any remedy under any pro…

(1) The Director of the Department of Consumer and Business Services may adopt rules necessary to implement ORS 646A.150 to 646A.172. (2) The director may by rule exempt certain obligors or service contract sellers or specific classes of service contracts that are not otherwise e…

As used in ORS 646A.202 and 646A.204: (1) “Credit card” has the meaning given that term in ORS 646A.212. (2) “Debit card” has the meaning given “debit instrument” in 15 U.S.C. 1693n. [Formerly 646.886]

A person may not sell, lease or rent a payment processing system that provides a customer receipt that shows more information about a customer than the customer’s name and five digits of the customer’s credit or debit card number. [Formerly 646.887]

(1) In a credit or debit card transaction with a customer, a person may not create a customer receipt that shows more information about a customer than the customer’s name and five digits of the customer’s credit or debit card number. (2) A person that creates or retains a copy o…

The Attorney General may adopt rules under ORS chapter 183 to carry out the provisions of ORS 646A.200, 646A.202 and 646A.204. [Formerly 646.889] (Numbers, Expiration Dates or Personal Information in Credit or Debit Card Transactions)

(1) A person shall not require as a condition of acceptance of a check or share draft, or as a means of identification, that the person presenting the check or share draft provide a credit card number or expiration date, or both, unless the credit is issued by the person requirin…

As used in ORS 646A.210 and 646A.214, “credit card” has the meaning given that term under the federal Consumer Credit Protection Act (P.L. 90-321, 82 Stat. 146, 15 U.S.C. 1602). [Formerly 646.893]

(1) A merchant that accepts a credit card or debit card for a transaction may require that the credit card or debit card holder provide personal information, other than the personal information that appears on the face of the credit card or debit card, for the purposes of verific…

(1) Every solicitation for the issuance of a credit card shall disclose the following information concerning the credit card account: (a) The annual percentage rate or rates applicable to the credit card account. If the rate or rates are variable, the solicitation shall disclose …

(1) A charge card solicitation shall disclose clearly and conspicuously the annual fees and other charges, if any, applicable to the issuance or use of the charge card. (2) As used in this section: (a) “Charge card” means any card, plate or other credit device under which the iss…

(1)(a) The Attorney General or a district attorney may bring an action in the name of the state against a person to restrain and prevent a violation of ORS 646A.202, 646A.204, 646A.220 or 646A.222. (b) The Attorney General or a district attorney may in the name of the state seek …

A person who is in compliance with the requirements of the Fair Credit and Charge Card Disclosure Act, (Public Law 100-583), shall also be considered in compliance with the requirements of ORS 646A.220 and 646A.222. [Formerly 646.901] (Extension of Credit)

In evaluating applications for extensions of credit, a creditor may not: (1) Treat an applicant’s obligation to pay child support more adversely than the creditor treats or would treat another obligation for the same amount, terms and duration as the child support obligation; or …

As used in ORS 646A.240 to 646A.244, “creditor” means a person who, in the ordinary course of the person’s business, regularly permits debtors to defer payment of their debts, or to incur debt and defer the payment thereof, and in either case, to pay the same with a finance charg…

(1) Except as provided in subsection (2) of this section, a person who is adversely affected by a creditor’s violation of ORS 646A.240 shall have a cause of action to recover compensatory damages against the creditor and may also apply to a court for an injunction to prevent the …

As used in ORS 646A.276 and 646A.278: (1)(a) “Gift card” means a prefunded record evidencing a promise that the issuer will provide goods or services to the owner of the record in the amount shown in the record. (b) “Gift card” does not mean prepaid telephone calling cards, prepa…

(1) Except as provided in subsection (2) of this section and ORS 646A.278, a person may not sell a gift card: (a) That has an expiration date; (b) That has a face value that declines as a result of the passage of time or the lack of use of the card; (c) That has a fee related to …

A person may sell a gift card that has an expiration date if: (1) The gift card bears, in at least 10-point type, the words “EXPIRES ON” or “EXPIRATION DATE” followed by the date on which the card expires; (2) The person sells the gift card at a cost below the face value of the c…

As used in ORS 646A.280 to 646A.290: (1) “Invoice” means a document containing an itemized list of previously ordered goods or services and an amount or amounts of money owed by the recipient of the document. (2) “Recipient” means the person to whom an invoice or simulated invoic…

It is unlawful for any person to utter a simulated invoice if: (1) A reasonable recipient could, under all the circumstances of its receipt, mistake the simulated invoice for an invoice; or (2) The person knows or reasonably should know that a recipient could mistake the simulate…

(1) The Attorney General shall have a cause of action against any person who violates ORS 646A.282. (2) If the Attorney General prevails, the court shall enter judgment against the defendant for: (a) Each simulated invoice uttered in this state, for the greater of: (A) Three time…

(1) A recipient of a simulated invoice who has suffered any ascertainable loss as a result shall have a cause of action against any person who violates ORS 646A.282. (2) If the recipient prevails, the court shall enter judgment against the defendant for: (a) The greater of: (A) T…

In any action brought under ORS 646A.284 or 646A.286, the following presumptions apply: (1) A simulated invoice that has been paid by five or more persons could be mistaken for an invoice by a reasonable recipient. (2) A person knows that a simulated invoice uttered simultaneousl…

(1) The provisions of ORS 646A.280 to 646A.290 shall be liberally construed to effectuate its remedial purposes. (2) The remedy provided by ORS 646A.280 to 646A.290 is in addition to any other remedy, civil or criminal, that may be available under any other provision of law. Clai…

It is the intent of the Legislative Assembly to end the practice of ongoing charging of consumer credit or debit cards or third party payment accounts without the consumers’ explicit consent for ongoing shipments of a product or ongoing deliveries of service. [2011 c.509 §1]

As used in this section and ORS 646A.295: (1) “Automatic renewal” means a plan or arrangement in which a paid subscription or purchasing agreement is automatically renewed at the end of a definite term for a subsequent term. (2) “Clear and conspicuous” means in larger type than t…

(1) It is unlawful for a person that makes an automatic renewal or continuous service offer to a consumer in this state to do any of the following: (a) Fail to present the automatic renewal offer terms or continuous service offer terms in a clear and conspicuous manner before a s…

As used in ORS 646A.300 to 646A.322: (1) “Catalog” means a catalog published in any medium, including an electronic catalog. (2) “Change in competitive circumstances” means an event, act or omission that has a material detrimental effect on a retailer’s ability to compete with an…

The obligations of a supplier under ORS 646A.300 to 646A.322 apply to the supplier’s successor in interest or assignee. A successor in interest includes a purchaser of assets or shares, a surviving corporation or other entity resulting from a merger or liquidation, a receiver and…

(1) If a retailer agreement is terminated, canceled or discontinued, unless the retailer elects to keep the farm implements, machinery and repair parts under a contractual right to do so, the supplier shall pay the retailer for the farm implements, machinery and repair parts or, …

(1) A supplier shall repurchase the inventory of a retailer, as if the supplier had terminated the retailer agreement, as follows: (a) Upon the death of a retailer whose business is owned as a tenancy by the entirety, at the option of the spouse or the heir or heirs of the retail…

(1) If, upon the cancellation of a retailer agreement by the retailer or the supplier, the supplier fails to make payment as required by ORS 646A.304 or 646A.306, the supplier shall be liable in a civil action to be brought by the retailer or by the retailer’s spouse, heir or hei…

(1) A supplier may not: (a) Coerce or compel any retailer to: (A) Order any farm implements or parts. (B) Accept delivery of farm implements with special features or accessories not included in the base list price of the farm implements as publicly advertised by the supplier. (C)…