A licensee must not disguise the terms or provisions of any loan as a device or subterfuge to evade the requirements and fees and interest authorized by ORS 725A.010 through 725A.990. Such conduct will be deemed a violation of 725A.010, 725A.062, and 725A.064, and dishonest, fraudulent, or illegal practices under 725A.082.

Statutory/Other Authority

ORS 725A.092

Statutes/Other Implemented

ORS 725A.010, 725A.026 & 725A.062

History

FCS 2-2012, f. & cert. ef. 7-23-12
FCS 7-2010, f. & cert. ef. 6-4-10