2017 ORS 646A.640¹
Definitions

As used in ORS 646A.640 (Definitions) to 646A.673 (Rules):

(1) “Applicant” means a person that applies for a license to engage in business as a debt buyer in this state.

(2) “Controller” means:

(a) A director, officer or general partner of a business entity;

(b) A managing member of a limited liability company;

(c) A person that has a direct or indirect right to vote 10 percent or more of the securities of a business entity that have voting rights or the power to sell or cause the sale of 10 percent or more of any class of a business entity’s securities;

(d) A person that has contributed 10 percent or more to a partnership’s capital or has the right to receive a distribution of 10 percent or more of a partnership’s capital or assets upon dissolution; or

(e) A person that, under the terms of a contract or because the person has an ownership interest in another person, has the power to manage or set policies for the other person, or otherwise direct the other person’s operations or affairs.

(3) “Debt buyer” has the meaning given that term in ORS 646.639 (Unlawful collection practices).

(4) “Debt buying” means conducting business as a debt buyer or conducting business activities that are subject to regulation under ORS 646.639 (Unlawful collection practices) (4), 646A.640 (Definitions) to 646A.673 (Rules) and 646A.670 (Legal action to collect debt).

(5) “Debtor” has the meaning given that term in ORS 646.639 (Unlawful collection practices).

(6) “Legal action” has the meaning given that term in ORS 646.639 (Unlawful collection practices).

(7) “Licensee” means a person that has applied for and obtained a license from the Department of Consumer and Business Services to engage in business as a debt buyer in this state.

(8) “Nationwide Multistate Licensing System” has the meaning given that term in ORS 697.500 (Definitions for ORS 697.500 to 697.555). [2017 c.625 §3]

Law Review Cita­tions

52 WLR 451 (2016)

(formerly 646.315 to 646.375)

Notes of Decisions

Where purchaser fails to provide notice of condi­tion requiring repair, presump­tion does not arise that repair time exceeding 30 business days demonstrates inability of manufacturer to conform vehicle. Pavel v. Winnebago Industries, Inc., 127 Or App 16, 870 P2d 856 (1994)

Repair time exceeding 30 business days as evidence of inability to conform vehicle applies only to presently existing defect. Pavel v. Winnebago Industries, Inc., 127 Or App 16, 870 P2d 856 (1994)

Law Review Cita­tions

19 WLR 329 (1983)

1 Legislative Counsel Committee, CHAPTER 646A—Trade Regulation, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors646A.­html (2017) (last ac­cessed Mar. 30, 2018).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2017, Chapter 646A, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano646A.­html (2017) (last ac­cessed Mar. 30, 2018).
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.