Oregon Code § 725.050·Enacted ·Last updated March 01, 2026
Statute Text
Prohibited transactions.
No licensee shall take:
(1) Any power of
attorney from any borrower, except a power of attorney to effectuate the
transfer of the ownership of any motor vehicle at the time of making a loan on
a motor vehicle.
(2) Any note or
promise to pay which does not accurately disclose the actual amount of the
loan, the time for which it is made, the rate of interest charged or the
schedule of payments agreed upon, or any instrument in which blanks are left to
be filled in after execution. [Amended by 1955 c.71 §3; 1971 c.450 §2; 1979
c.88 §41; 1981 c.412 §13]
Plain English Explanation
This Oregon statute addresses Prohibited transactions. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 725.050
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Prohibited transactions. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 725.050. Use this format in legal documents and court filings.
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