For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Fiduciary responsibilities

Or. Rev. Stat. § 646A.787
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
646A.787. Fiduciary responsibilities (1) A person that is subject to ORS 646A.770 to 646A.787 shall act in a fiduciary capacity with respect to funds the person receives or holds for the benefit of another person. (2) A person that sells a guaranteed asset protection waiver in connection with a retail sale of a motor vehicle may not: (a) Charge more for the guaranteed asset protection waiver than five percent of the amount the borrower finances under a finance agreement; or (b) Vary the benefits, terms, conditions or price of the guaranteed asset protection waiver on account of a borrower’s race, sex, sexual orientation, gender identity, income or education. 2015 c.523 §7; 2021 c.367 §28
Source: Oregon Legislature (oregonlegislature.gov)URL: https://www.oregonlegislature.gov/bills_laws/ors/ors646a.html#646A.787Fetched: 10/20/2026

Starting a business in Oregon? Oregon LLC guide: costs and requirements