(1) ORS 646A.150 to 646A.172:
(a) Create a legal framework within which service contracts may be sold in this state;
(b) Encourage innovation in the marketing and development of more economical and effective means of providing services under service contracts, while placing the risk of innovation on the obligors rather than on consumers; and
(c) Permit and encourage fair and effective competition among different systems of providing and paying for service contracts.
(2) ORS 646A.150 to 646A.172 do not apply to:
(a) Warranties; or
(b) Maintenance agreements. [Formerly 646.263]
Section: Previous 646A.126 646A.128 646A.130 646A.132 646A.134 646A.140 646A.142 646A.150 646A.152 646A.154 646A.156 646A.158 646A.160 646A.162 646A.164 NextLast modified: August 7, 2008