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]
Plain English Explanation
This Oregon statute addresses Fee
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 697.115
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Fee
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The formal citation is Oregon Code § 697.115. Use this format in legal documents and court filings.
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