Oregon Code § 82.170·Enacted ·Last updated March 01, 2026
Statute Text
Notice
to borrower of lender authority to refuse to accept repayment prior to date for
repayment in loan agreement.
(1) If a loan agreement authorizes the lender to refuse to accept repayment of
the loan prior to the date provided for repayment in the loan agreement, the
loan agreement shall contain in printing or writing of a size equal to at least
10-point bold or underlined type substantially the following notice:
______________________________________________________________________________
NOTICE
TO THE BORROWER
Do not sign this
loan agreement before you read it. This loan agreement authorizes the lender to
refuse to accept repayment of the loan prior to the date provided for repayment
in the loan agreement.
______________________________________________________________________________
(2) If a loan
agreement does not contain a notice as required by subsection (1) of this
section, a lender shall not refuse to accept repayment of the loan by the
borrower prior to the date provided for repayment. [1973 c.611 §2; 1985 c.359 §2]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 82.170
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Notice
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