ORS 167.112
Liability of certain entities engaged in certain financial transactions


Notwithstanding any other provision of law, a creditor, credit card issuer, financial institution, operator of a terminal at which an electronic funds transfer may be initiated, money transmission business or any national, regional or local network utilized to effect a credit transaction, electronic funds transfer or money transmission service that is not liable under ORS 167.109 (Internet gambling):

(1)

May collect on any debt arising out of activities that are illegal under ORS 167.109 (Internet gambling);

(2)

Shall not be deemed to be participating in any activities that are illegal under ORS 167.109 (Internet gambling) by reason of their processing transactions arising out of such activities or collecting debts arising out of such activities; and

(3)

Shall not be liable under any provision of ORS 166.715 (Definitions for ORS 166.715 to 166.735) to 166.735 (Short title), 336.184 (Oregon Student Information Protection Act) or 646.605 (Definitions for ORS 336.184 and 646.605 to 646.652) to 646.652 (District attorney’s reports to Attorney General) by reason of their processing transactions arising out of activities that are illegal under ORS 167.109 (Internet gambling) or collecting debts arising out of such activities. [2001 c.502 §3]
Chapter 167

Atty. Gen. Opinions

Exemption of nuisance laws from constitutional requirement for payments based on government regulations restricting use of property, (2001) Vol 49, p 284

Law Review Citations

51 OLR 427-637 (1972)


Source
Last accessed
May. 15, 2020