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ORS 701.640

Known as the Construction Contractors Licensing Act

The act spans §§ 701–701 (183 sections).

Applied in 1 court decision — leading case 152 F. Supp. 3d 1320 - First Mercury Insurance v. Westchester Surplus Lines Ins. (2016)

Most recently applied in 152 F. Supp. 3d 1320 - First Mercury Insurance v. Westchester Surplus Lines Ins. (January 2016)

2003 c.675 §58; 2011 c.553 §5

(1) A construction contract may not include any provision, covenant or clause that:

(a) Makes the construction contract subject to the laws of another state or that requires any litigation, arbitration or other dispute resolution proceeding arising from the construction contract to be conducted in another state; or

(b) States that a party to the construction contract cannot suspend performance under the construction contract or terminate the construction contract if another party to the construction contract fails to make prompt payments under the construction contract pursuant to ORS 701.620 to 701.640.

(2) Any provision, covenant or clause described in subsection (1) of this section is void and unenforceable.

Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.