Oregon Statutes 646A.432 – Applicability of ORS 646A.430 to 646A.450; applicability of other law
(1) ORS § 646A.430 to 646A.450 apply to vehicle protection product warranties that:
Terms Used In Oregon Statutes 646A.432
- Contract: A legal written agreement that becomes binding when signed.
(a) Accompany vehicle protection products delivered to consumers in this state; and
(b) Require the warrantor, to the extent set forth in the warranty, to pay to the consumer expenses related to the loss of or damage to the vehicle.
(2) A vehicle protection product warranty subject to ORS § 646A.430 to 646A.450 is not a service contract and is not subject to the provisions of ORS § 646A.150 to 646A.172. A seller’s or warrantor’s selling or providing a warranty for a vehicle protection product in compliance with ORS § 646A.430 to 646A.450 does not subject the seller or warrantor to ORS § 646A.150 to 646A.172.
(3) A vehicle protection product warranty subject to ORS § 646A.430 to 646A.450 is not insurance and is not subject to the provisions of the Insurance Code. A seller’s or warrantor’s selling or providing a warranty for a vehicle protection product in compliance with ORS § 646A.430 to 646A.450 does not subject the seller or warrantor to the Insurance Code. [2007 c.685 § 2]