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§ 646a-787 — Oregon Law | CourtGPT
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Oregon Legal Code

§ 646a-787

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(1) A person that is subject to ORS 646A.770 to 646A.787 shall act in a fiduciary capacity with respect to funds the person receives or holds for the benefit of another person.\n(2) A person that sells a guaranteed asset protection waiver in connection with a retail sale of a motor vehicle may not:\n(a) Charge more for the guaranteed asset protection waiver than five percent of the amount the borrower finances under a finance agreement; or\n(b) Vary the benefits, terms, conditions or price of the guaranteed asset protection waiver on account of a borrower’s race, sex, sexual orientation, gender identity, income or education. [2015 c.523 §7; 2021 c.367 §28]