ORS 83.813: Exemption from certain disclosure requirements for assignee of retail installment contract.

(1) The disclosure provisions of ORS 83.010 to 83.680 and 83.990 shall not apply to the assignee of any retail installment contract when: (a) The assignor is a motor vehicle dealer or retail seller; (b) The assignee regularly extends credit to natural persons primarily for personal, family or household purposes; (c) The credit is subject to a service charge or finance charge or is payable by a written agreement in more than four installments; and (d) The retail installment contract is in the form regularly used by the assignee in similar transactions. (2) The assignee of a motor vehicle dealer or retail seller regularly extends credit to natural persons primarily for personal, family or household purposes only if the assignee extended credit more than 25 times in the preceding calendar year or more than five times in the preceding calendar year for transactions secured by a dwelling. If the assignee does not meet these numerical standards in the preceding calendar year, the numerical standards shall be applied to the current calendar year. [1991 c.296 §2; 1999 c.240 §3; 2001 c.117 §14]