Chapter 183 Oregon Laws 2009

AN ACT

SB 685

Relating to extensions of credit; creating new provisions; and amending ORS 646A.240.

Be It Enacted by the People of the State of Oregon:

SECTION 1. ORS 646A.240 is amended to read:

          646A.240. In evaluating applications for extensions of credit, a creditor [shall] may not:

          (1) Treat [the] an applicant’s obligation [of an applicant] to pay child support [no] more adversely than the creditor treats or would treat [any other] another obligation for the same amount, terms and duration as the child support obligation[.]; or

          (2) Deny an application solely because the applicant used the applicant’s business address instead of the applicant’s residential address if a law of this state or a local government ordinance permits the applicant to use a business address in lieu of a residential address.

SECTION 2. The amendments to ORS 646A.240 by section 1 of this 2009 Act apply to an application for an extension of credit made on or after the effective date of this 2009 Act.

Approved by the Governor May 26, 2009

Filed in the office of Secretary of State May 26, 2009

Effective date January 1, 2010

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