Oregon Statutes 83.990 – Penalties
(1) Any person who violates any provision of ORS § 83.510 to 83.680 commits a Class A violation.
Attorney's Note
Under the Oregon Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class B misdemeanor | up to 6 months | up to $2,500 |
Terms Used In Oregon Statutes 83.990
- Contract: A legal written agreement that becomes binding when signed.
- Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) A willful violation of ORS § 83.520 to 83.600 or 83.650 to 83.670 by any person shall bar recovery of any finance charge, delinquency or collection charge or refinancing charge on the retail installment contract involved.
(3) Notwithstanding the provisions of subsections (1) to (3) of this section, any failure to comply with any provision of ORS § 83.510 to 83.680 may be corrected within 10 days after the holder is notified thereof in writing by the buyer, and, if so corrected, neither the seller nor the holder shall be subject to any penalty.
(4) Any person who willfully and intentionally violates any provision of ORS § 83.010 to 83.190 commits a Class B misdemeanor. Violation of any order or injunction issued pursuant to ORS § 83.010 to 83.190 shall constitute prima facie proof of a violation of this subsection. [1957 c.625 § 27; 1961 c.725 § 401; subsection (4) enacted as 1963 c.489 § 17; 1999 c.1051 § 148; 2011 c.597 § 153]