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Oregon Service Agreement
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Oregon at a glance: Default Interest: 9% per year (O.R.S. § 82.010) · Governing Law: Oregon Revised Statutes Chapter 82
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Overview
Service Agreements in Oregon
Oregon service agreements are governed by Chapter 82 of the Oregon Revised Statutes. Late fees must comply with the 9% statutory cap unless written (O.R.S. § 82.010).
Key Facts
Oregon Service Agreement — Quick Reference
| Requirement | Oregon Rule |
|---|---|
| Default Interest | 9% per year (O.R.S. § 82.010) |
| Governing Law | Oregon Revised Statutes Chapter 82 |
Legal Requirements
Oregon Legal Requirements
- Late fees exceeding 9% per year must be in writing to be enforceable.
Governing Laws
Oregon Governing Laws
Read the full text of these laws at Cornell Law School's Oregon legal resources or your state legislature's official website.
Questions & Answers
Oregon Service Agreement — Frequently Asked Questions
What is the default contract interest rate in Oregon?
The default rate is 9% per annum.