ORS § 15.300 to 15.380 govern the choice of law applicable to any contract, or part of a contract, when a choice between the laws of different states is at issue. ORS § 15.300 to 15.380 do not apply if another Oregon statute expressly designates the law applicable to the contract or part of a contract. ORS § 15.320 does not apply to any contract in which one of the parties is a financial institution, as defined by 15 U.S.C. § 6827, as in effect on January 1, 2002. [Formerly 81.102]

Terms Used In Oregon Statutes 15.305

  • Contract: A legal written agreement that becomes binding when signed.
  • Statute: A law passed by a legislature.

 

(Contracts Governed by Oregon Law)