OAR 812-002-0443: Legal Capacity to Enter into Contracts

Edition: Current OARD snapshotEffective: 2012-03-02Last verified: 2026-09-07

“Legal capacity to enter into contracts” as used in ORS 701.046(3)(b), means the attaining of the age of 18 for any sole proprietor, partner of any general partnership, limited liability partnership, limited partnership or joint venture, corporate officer, member, or any other persons similarly situated who holds or could hold the authority to enter into a contract on behalf of the licensed entity.

Official history and status

Statutory/Other Authority: ORS 670.310 & 701.235

Statutes/Other Implemented: ORS 701.046

History: CCB 3-2012, f. & cert. ef. 3-2-12 CCB 9-2008, f. 6-11-08, cert. ef. 7-1-08 CCB 7-2005, f. 12-7-05, cert. ef. 1-1-06 CCB 8-2001, f. 12-12-01, cert. ef. 1-1-02

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Official source: https://secure.sos.state.or.us/oard/