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Oregon · Through 2025 Edition

ORS 82.170: Notice to borrower of lender authority to refuse to accept repayment prior to date for repayment in loan agreement.

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Where this section sits in the code
  1. 02 - Business Organizations, Commercial Code
  2. 8. Commercial Transactions
  3. Chapter 82 — Interest; Repayment Restrictions

(1) If a loan agreement authorizes the lender to refuse to accept repayment of the loan prior to the date provided for repayment in the loan agreement, the loan agreement shall contain in printing or writing of a size equal to at least 10-point bold or underlined type substantially the following notice:

NOTICE TO THE BORROWER

      Do not sign this loan agreement before you read it. This loan agreement authorizes the lender to refuse to accept repayment of the loan prior to the date provided for repayment in the loan agreement.

      (2) If a loan agreement does not contain a notice as required by subsection (1) of this section, a lender shall not refuse to accept repayment of the loan by the borrower prior to the date provided for repayment.

Collected 2026-09-03T23:50:11Z. Source file · JSON

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