ORS 650.440: Grantor’s ownership, operation or control of dealership.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) A grantor may not sell a recreational vehicle to or through a dealer without having entered into a dealership agreement with the dealer. (2) A grantor may not own, operate or control a dealership in this state. (3) Notwithstanding subsection (2) of this section, a grantor may own, operate or control a dealership in this state if: (a)(A) The ownership, operation or control does not exceed a period of one year or, if the grantor can show good cause, two years; and (B) The dealership is for sale at a reasonable price and under reasonable terms and conditions; (b) The grantor has entered into a bona fide agreement with a person who, under the dealership agreement: (A) Must make a significant investment, subject to loss, in the dealership; and (B) May reasonably expect to acquire the dealership in a reasonable time and under reasonable terms and conditions; or (c) The grantor owned, operated or controlled the dealership on January 1, 2003. [2003 c.377 §15]
Administrative rules citing this section
- OAR 603-082-0010: Purpose — implements
- OAR 603-082-0020: Definitions — implements
This rule cites
No citations extracted.
Cited by
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors650.html