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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) As used in this section, “equity seller” has the meaning given that term in ORS 646A.725.
(2) In addition to any action by the Attorney General under ORS 646.607 or any other cause of action, an equity seller may bring an action for damages incurred by the equity seller resulting from a violation of ORS 646A.725 to 646A.750.
(3) If a court finds that a defendant in an action under this section committed a violation of ORS 646A.725 to 646A.750 knowingly, in addition to any award of damages for other violations of ORS 646A.725 to 646A.750, the court shall award the equity seller three times the amount of the actual damages sustained by the equity seller as a result of the knowing violation.
(4) The court may award an equity seller prevailing in an action under this section reasonable attorney fees, costs and expenses. If a court finds that an equity seller brought an action under this section in bad faith or solely for purposes of harassment, the court may award a prevailing defendant reasonable attorney fees.
(5) An action under this section must be commenced within six years.
Cite this article: FindLaw.com - Oregon Revised Statutes Trade Regulations and Practices § 646A.760 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-50-trade-regulations-and-practices/or-rev-st-sect-646a-760/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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