Oregon Law
Law as of Jan 1, 2026
Chapter contents
725.010Definitions 725.015Construction of chapter 725.020Short title 725.025[1955 c.71 §14; repealed by 1987 c.650 §21] 725.026[1955 c.71 §16; repealed by 1999 c.469 §7] 725.027[1955 c.71 §15; 1985 c.762 §113; repealed by 1999 c.469 §7] 725.030[Amended by 1955 c.71 §2; 1971 c.450 §1; 1973 c.428 §1; 1975 c.567 §1; repealed by 1981 c.412 §9 (725.031, 725.036 and 725.041 enacted in lieu of 725.030)] 725.031[1981 c.412 §10 (725.031, 725.036 and 725.041 enacted in lieu of 725.030); repealed by 1987 c.215 §24] 725.036[1981 c.412 §11 (725.031, 725.036 and 725.041 enacted in lieu of 725.030); repealed by 1987 c.215 §24] 725.040[Renumbered 725.015] 725.041[1981 c.412 §12 (725.031, 725.036 and 725.041 enacted in lieu of 725.030); repealed by 1987 c.215 §24] 725.045Prohibition on making certain consumer finance loans without license; application of license requirement 725.050Prohibited transactions 725.060False advertising prohibited 725.110Requirement that licensee be qualified to conduct business in this state 725.120Application for license; annual fee 725.125[1971 c.450 §5; repealed by 1973 c.428 §11] 725.130[Repealed by 1955 c.71 §17] 725.140Issuance of license; conditions 725.145Disapproval of application for license 725.150Notice of disapproval of application 725.160Form of license; posting; transferability 725.170[Repealed by 1955 c.71 §17] 725.180[Amended by 1955 c.71 §7; 1977 c.135 §53; repealed by 1985 c.762 §196] 725.185License fees; fees for extra service 725.190Report of licensee; penalty for failure to report 725.200[Repealed by 1971 c.743 §432] 725.210Additional licenses to same applicant 725.220Change of place of business 725.230Revocation and suspension of licenses 725.235Procedure for license denial, revocation or suspension 725.240[Repealed by 1971 c.734 §21] 725.250Surrender of license 725.260Effect of revocation, suspension or surrender of license 725.270Reinstatement of revoked license; fee 725.310Investigation and examination by director 725.312Inspection and examination of licensees 725.315Removal or suspension of officer of licensee 725.317Removal of officer of licensee for reasons stated in ORS 725.145 725.319False information in course of investigation or examination prohibited 725.320Rulings of director 725.330Books and records of licensee 725.340Interest and other charges 725.342[1979 c.326 §2; repealed by 1981 c.412 §24] 725.345Open-end loan plan; interest; security for plan; necessary disclosures 725.347Open-end credit card plan authorized 725.349Application of ORS 725.210 to certain loans and advances 725.350[Repealed by 1971 c.232 §4] 725.355Prohibition against assignment of earnings for loan security 725.360Licensee duty toward borrowers 725.370Lawful loans in other jurisdictions not affected by this chapter 725.380[Repealed by 1975 c.544 §62] 725.385Duty to give notice of defalcation to law enforcement officer, director; audit 725.390[1979 c.88 §39; 1985 c.762 §132; repealed by 1987 c.650 §21] 725.395Director to give notice of suspected defalcation to law enforcement agency; exceptions 725.400Cease and desist order 725.410Enforcement actions 725.505Rulemaking authority; notice 725.510Person not liable for good faith acts or omissions 725.600[2001 c.445 §197; 2003 c.359 §1; 2007 c.473 §1; repealed by 2010 c.23 §34] 725.602[2007 c.472 §4; repealed by 2010 c.23 §34] 725.605[2001 c.445 §198; repealed by 2010 c.23 §34] 725.610[2001 c.445 §200; 2003 c.359 §2; 2007 c.603 §7; repealed by 2010 c.23 §34] 725.615[2001 c.445 §199; 2007 c.472 §2a; 2007 c.473 §2; 2007 c.603 §8c; repealed by 2010 c.23 §34] 725.620[2001 c.445 §201; 2007 c.603 §9; repealed by 2010 c.23 §34] 725.622[2003 c.359 §4; 2006 c.3 §1; 2007 c.472 §3; 2007 c.603 §10; repealed by 2010 c.23 §34] 725.624[2003 c.359 §5; repealed by 2010 c.23 §34] 725.625[2001 c.445 §202; repealed by 2007 c.603 §11] 725.626[2007 c.472 §6; repealed by 2010 c.23 §34] 725.630[2007 c.472 §5; repealed by 2010 c.23 §34] 725.910Civil penalties 725.990[Amended by 1971 c.743 §424; repealed by 1975 c.544 §62]

Chapter 725 — Consumer Finance

ORS 725.010 Definitions

As used in this chapter:

(1)(a)

“Broker or facilitator” means a person that conducts a business in which, for a fee or consideration, the person:

(A)

Processes, receives or accepts for delivery to a lender an application for a consumer finance loan, individually or in conjunction or cooperation with another person;

(B)

Accepts and delivers to a lender all or most of the proceeds of a payment made in connection with a consumer finance loan; or

(C)

Assists in making a consumer finance loan in a material capacity other than as a lender.

(b)

“Broker or facilitator” does not include a mortgage broker, as that term is defined in ORS 86A.100, a mortgage loan originator, as that term is defined in ORS 86A.200, or an employee of a licensee.

(2)

“Consumer finance loan” means a loan or line of credit that is unsecured or secured by personal or real property and that has periodic payments and terms longer than 60 days.

(3)

“Licensee” means a person licensed under this chapter.

(4)

“Nationwide Multistate Licensing System” means a system that the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators, or assignees of the Conference of State Bank Supervisors or the American Association of Residential Mortgage Regulators, develop and maintain for participating state agencies to use in licensing and registering mortgage loan originators, as defined in ORS 86A.200, and other persons that provide nondepository financial services.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Earlier statutory text is available in an ingested published ORS edition.