ORS 646A.432 - Applicability of ORS 646A

ORS 646A.432
Applicability of ORS 646A

(1)

ORS 646A.430 (Definitions for ORS 646A) to 646A.450 (Rules) apply to vehicle protection product warranties that:

Accompany vehicle protection products delivered to consumers in this state; and

Require the warrantor, to the extent set forth in the warranty, to pay to the consumer expenses related to the loss of or damage to the vehicle.

A vehicle protection product warranty subject to ORS 646A.430 (Definitions for ORS 646A) to 646A.450 (Rules) is not a service contract and is not subject to the provisions of ORS 646A.150 (Applicability of ORS 646A) to 646A.172 (Rules). A seller’s or warrantor’s selling or providing a warranty for a vehicle protection product in compliance with ORS 646A.430 (Definitions for ORS 646A) to 646A.450 (Rules) does not subject the seller or warrantor to ORS 646A.150 (Applicability of ORS 646A) to 646A.172 (Rules).

A vehicle protection product warranty subject to ORS 646A.430 (Definitions for ORS 646A) to 646A.450 (Rules) is not insurance and is not subject to the provisions of the Insurance Code. A seller’s or warrantor’s selling or providing a warranty for a vehicle protection product in compliance with ORS 646A.430 (Definitions for ORS 646A) to 646A.450 (Rules) does not subject the seller or warrantor to the Insurance Code. [2007 c.685 §2]