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Current as of January 01, 2023 | Updated by Findlaw Staff
An exchange facilitator may not knowingly:
(1) Make a materially false statement, material misrepresentation or material statement intended to mislead a client or another person concerning an exchange conducted under 26 U.S.C. 1031, or continue a course of material misrepresentation through advertising or otherwise;
(2) Fail to account within a reasonable time for moneys or property in the exchange facilitator's possession that belongs to another person;
(3) Engage in conduct that constitutes fraud or dishonesty or commit a crime involving fraud, misrepresentation, deceit, embezzlement, misappropriation of funds, robbery or theft; or
(4) Materially fail to fulfill the exchange facilitator's contractual duty to deliver moneys or property to a client, unless the failure results from circumstances beyond the exchange facilitator's control.
Cite this article: FindLaw.com - Oregon Revised Statutes Occupations and Professions § 673.820 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-52-occupations-and-professions/or-rev-st-sect-673-820/
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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