(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. [2007 c.685 §2]
Note: See note under 646A.430.
Section: Previous 646A.408 646A.410 646A.412 646A.414 646A.416 646A.418 646A.430 646A.432 646A.434 646A.436 646A.438 646A.440 646A.442 646A.444 646A.446 NextLast modified: August 7, 2008