Revocation, suspension or surrender of a license issued under ORS § 725A.024 does not impair or affect the rights or obligations specified in a lawful contract between the licensee and a borrower that existed before the revocation, suspension or surrender. [2010 c.23 § 13]

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Terms Used In Oregon Statutes 725A.040

  • Contract: A legal written agreement that becomes binding when signed.

 

(Regulation)