ORS 646A.122 - Applicability of ORS 646A

ORS 646A.122
Applicability of ORS 646A

(1)

Lease-purchase agreements that comply with ORS 646A.120 (Definitions for ORS 646A) to 646A.134 (Disclosures required in advertisement for lease-purchase agreements) are not governed by laws relating to:

(a)

A security interest under ORS chapter 79.

(b)

A retail installment contract under ORS 83.010 (Definitions for ORS 83) to 83.190 (Civil penalties).

(2)

ORS 646A.120 (Definitions for ORS 646A) to 646A.134 (Disclosures required in advertisement for lease-purchase agreements) do not apply to the following:

(a)

Lease-purchase agreements primarily for business, commercial or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;

(b)

A lease of a safe deposit box;

(c)

A lease or bailment of personal property which is incidental to the lease of real property, and which provides that the consumer has no option to purchase the leased property; or

(d)

A lease of a motor vehicle. [Formerly 646.247]

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Trade Regulation

ORS 646A.122
Applicability of ORS 646A

(1)

(a)

(b)

(2)

(a)

(b)

(c)

(d)

Source

Trade Regulation

ORS 646A.122 Applicability of ORS 646A

(1)

(a)

(b)

(2)

(a)

(b)

(c)

(d)

Source

ORS 646A.122
Applicability of ORS 646A