Oregon Statutes - Chapter 82 - Interest; Repayment Restrictions - Section 82.150 - Definitions for ORS 82.160 and 82.170.

As used in ORS 82.160 and 82.170:

(1) “Loan” means a loan of money that is primarily for personal, family or household use made by a person who is regularly engaged in the business of lending money.

(2) “Loan agreement” means the written document issued in connection with a loan that sets forth the terms upon which the loan is made. [1973 c.611 §3; 1987 c.716 §1]

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Last modified: August 7, 2008