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Oregon Revised Statutes Trade Regulations and Practices § 646A.432

Current as of January 01, 2023 | Updated by Findlaw Staff

(1) ORS 646A.430 to 646A.450 apply to vehicle protection product warranties that:

(a) Accompany vehicle protection products delivered to consumers in this state; and

(b) Require the warrantor, to the extent set forth in the warranty, to pay to the consumer expenses related to the loss of or damage to the vehicle.

(2) A vehicle protection product warranty subject to ORS 646A.430 to 646A.450 is not a service contract and is not subject to the provisions of ORS 646A.150 to 646A.172. A seller's or warrantor's selling or providing a warranty for a vehicle protection product in compliance with ORS 646A.430 to 646A.450 does not subject the seller or warrantor to ORS 646A.150 to 646A.172.

(3) A vehicle protection product warranty subject to ORS 646A.430 to 646A.450 is not insurance and is not subject to the provisions of the Insurance Code. A seller's or warrantor's selling or providing a warranty for a vehicle protection product in compliance with ORS 646A.430 to 646A.450 does not subject the seller or warrantor to the Insurance Code.

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Cite this article: FindLaw.com - Oregon Revised Statutes Trade Regulations and Practices § 646A.432 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-50-trade-regulations-and-practices/or-rev-st-sect-646a-432/

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