Oregon — State Statute

Oregon Revised Statutes Chapter 697 § 697.115 — Fee

Oregon Revised Statutes Chapter 697 ·
Oregon Code § 697.115 · Enacted · Last updated March 01, 2026
Statute Text
Fee for collection of commercial debt; amount; limit. (1) As used in this section, “commercial debt” means any obligation for payment of money or thing of value arising out of an agreement or contract, express or implied, in which the transaction that is the subject of the agreement or contract is not primarily for personal, family or household purposes. (2) A person using a private collection agency to collect a commercial debt owed to the person may add a reasonable fee to the amount of the commercial debt, payable by the debtor, to compensate the person, in whole or in part, for the collection agency fee incurred or to be incurred. A person may not add a fee under this section that: (a) Exceeds the collection fee of the private collection agency; or (b) Was not authorized in the agreement or contract creating the commercial debt. [2003 c.66 §2; 2007 c.204 §2]
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This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
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