2011 Oregon Revised Statutes
ORS Volume 3, Chapters 90 - 130
ORS Chapter 97
97.925 Purpose.
It is the purpose of ORS 97.923 to 97.949, 97.992, 97.994 and 692.180 to assure funds for performance to those purchasers who contract through prearrangement sales contracts for the purchase of funeral or cemetery merchandise or services, and through preconstruction sales contracts for undeveloped interment spaces. It is also the purpose of ORS 97.923 to 97.949, 97.992, 97.994 and 692.180 to provide for the certification or registration of persons selling or offering for sale prearrangement sales contracts and preconstruction sales contracts, the creation and administration of prearrangement sales contract and preconstruction sales contract trust funds, the disbursement and allocation of trust funds upon the certified provider s performance of its contractual obligations and to provide protection for the purchaser upon the certified provider s default. [Formerly 128.405; 2007 c.661 13]
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