2021 Oregon Revised Statutes
Chapter 725 - Consumer Finance
Section 725.050 - Prohibited transactions.


(1) Any power of attorney from any borrower, except a power of attorney to effectuate the transfer of the ownership of any motor vehicle at the time of making a loan on a motor vehicle.
(2) Any note or promise to pay which does not accurately disclose the actual amount of the loan, the time for which it is made, the rate of interest charged or the schedule of payments agreed upon, or any instrument in which blanks are left to be filled in after execution. [Amended by 1955 c.71 §3; 1971 c.450 §2; 1979 c.88 §41; 1981 c.412 §13]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 18 - Financial Institutions, Insurance

Chapter 725 - Consumer Finance

Section 725.010 - Definitions.

Section 725.045 - Prohibition on making certain consumer finance loans without license; application of license requirement.

Section 725.050 - Prohibited transactions.

Section 725.120 - Application for license; annual fee.

Section 725.140 - Issuance of license; conditions.

Section 725.145 - Disapproval of application for license.

Section 725.185 - License fees; fees for extra service.

Section 725.190 - Report of licensee; penalty for failure to report.

Section 725.220 - Change of place of business.

Section 725.230 - Revocation and suspension of licenses.

Section 725.235 - Procedure for license denial, revocation or suspension.

Section 725.250 - Surrender of license.

Section 725.310 - Investigation and examination by director.

Section 725.312 - Inspection and examination of licensees.

Section 725.340 - Interest and other charges.

Section 725.345 - Open-end loan plan; interest; security for plan; necessary disclosures.

Section 725.347 - Open-end credit card plan authorized.

Section 725.355 - Prohibition against assignment of earnings for loan security.

Section 725.360 - Licensee duty toward borrowers.

Section 725.385 - Duty to give notice of defalcation to law enforcement officer, director; audit.

Section 725.400 - Cease and desist order.

Section 725.505 - Rulemaking authority; notice.

Section 725.910 - Civil penalties.