1. (1) A warrantor of a vehicle protection product shall register with the Department of Consumer and Business Services by submitting to the Director a completed Warrantor of Vehicle Protection Product Registration Application on the form prescribed by the Director.

2. (2) A warrantor must include with the Registration Application a copy of each warranty form to be used in this state, and any amendments to the form that the warrantor proposes to use in the state of Oregon. A warrantor need not include any amendment that:

   1. (a) Changes a warranty only in graphics or form, and not substantively; or
   2. (b) Is a direct translation of the warranty form the warrantor proposes to use into a language other than English.
3. (3) A warrantor must also include with the Registration Application a copy of a warranty reimbursement insurance policy the warrantor intends to use to demonstrate the warrantor’s financial responsibility.
4. (4) A warrantor must include the registration fee with the Registration Application.
5. (5) A registration is not effective until the warrantor receives written notification from the Director.
6. (6) A warrantor must renew a registration by submitting to the Director on or before December 31 of each calendar year the renewal fee and a completed Warrantor of Vehicle Protection Product Renewal Form on the form prescribed by the Director.
7. (7) A warrantor shall notify the Director in writing of any change in the information contained in the Registration Application not later than 30 days after the information has changed.

Statutory/Other Authority

ORS 731.244; 2007 OL Ch. 685 & Sec. 11

Statutes/Other Implemented

2007 OL Ch. 685 & Sec. 4

History

ID 4-2008, f. & cert. ef. 4-7-08