71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to HB 3917
 
LC 3697/HB 3917-1
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 3917
 
    By COMMITTEE ON RULES, REDISTRICTING, AND PUBLIC AFFAIRS
 
                            April 27
 
  On page 1 of the printed bill, delete lines 4 through 29 and
insert:
  '  { +  SECTION 1. + }  { + (1) As used in this section:
  ' (a) 'Buyer' means a person who buys or agrees to buy a
manufactured dwelling.
  ' (b) 'Manufactured dwelling' has the meaning given that term
in ORS 446.003.
  ' (c) 'Retail installment contract' has the meaning given that
term in ORS 83.010.
  ' (2) A person engages in an unlawful practice when, in a sale
of a manufactured dwelling, the person does any of the following:
  ' (a) Misrepresents to a buyer that the terms of a retail
installment sale or a loan are more favorable than other terms
that the person offers and for which the buyer qualifies.
  ' (b) Misrepresents to a buyer that, as part of the sale or as
a condition of financing, the buyer must purchase credit life
insurance, credit disability insurance or an extended warranty.
  ' (c) In close connection with the sale, fails to disclose
clearly and conspicuously to a buyer that the person will share
in the distribution of interest on a retail installment contract
or a loan and that the person's sharing in the distribution may
affect the rate of interest and the amount of the buyer's monthly
payment.
  ' (d) In close connection with the sale, misrepresents to a
lender:
  ' (A) The cash sale price;
  ' (B) The amount of the buyer's down payment; or
  ' (C) The buyer's credit or employment history. + } ' .
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