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2019 Oregon Revised Statutes
Volume : 16 - Trade Practices, Labor and Employment
Chapter 646A - Trade Regulation
Section 646A.122 - Applicability of ORS 646A.120 to 646A.134.
Universal Citation: OR Rev Stat § 646A.122 (2019)
(1) Lease-purchase agreements that comply with ORS 646A.120 to 646A.134 are not governed by laws relating to:
(a) A security interest under ORS chapter 79.
(b) A retail installment contract under ORS 83.010 to 83.190.
(2) ORS 646A.120 to 646A.134 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]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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