Oregon Code § 83.565·Enacted ·Last updated March 01, 2026
Statute Text
Finance
charge computed by actuarial method; requirements; notice.
(1) Notwithstanding any other
provision of ORS 83.510 to 83.680 and 83.820 to 83.895, a motor vehicle dealer,
in a retail installment contract, may contract for and charge, receive and
collect a finance charge computed by the actuarial method.
(2) When a retail
installment contract provides for a finance charge computed by the actuarial
method:
(a) The retail
installment contract may provide for any other charge, cost or fee allowed
under ORS 83.510 to 83.680 and 83.820 to 83.895, in addition to the finance
charge.
(b) The amount to
be disclosed as the finance charge and used as the finance charge component of
the other amounts disclosed pursuant to ORS 83.510 to 83.680 and 83.820 to
Plain English Explanation
This Oregon statute addresses Finance
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 83.565
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Finance
. Read the full statute text above for details.
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The formal citation is Oregon Code § 83.565. Use this format in legal documents and court filings.
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