2011 Oregon Revised Statutes
ORS Volume 14, Chapters 645 - 669
ORS Chapter 650
650.450 Indemnification; grantor and dealer.


OR Rev Stat § 650.450 (through Leg Sess 2011) What's This?

(1) Notwithstanding any dealership agreement:

(a) A grantor shall indemnify a dealer against and hold the dealer harmless from any cost, loss or damage, including attorney fees, arising out of a claim, action or judgment based on the grantor s negligence or intentional misconduct.

(b) A dealer shall indemnify a grantor against and hold the grantor harmless from any cost, loss or damage, including attorney fees, arising out of a claim, action or judgment based on the dealer s negligence or intentional misconduct.

(2)(a) A dealer shall notify the grantor of a claim or action that is subject to subsection (1)(a) of this section within 10 days of the dealer s receipt of the claim or service of summons.

(b) A grantor shall notify the dealer of a claim or action that is subject to subsection (1)(b) of this section within 10 days of the grantor s receipt of the claim or service of summons. [2003 c.377 16]

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