Common use of Statutory Notice Clause in Contracts

Statutory Notice. UNDER OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS MADE BY THE LENDERS CONCERNING LOANS AND OTHER CREDIT EXTENSIONS WHICH ARE NOT FOR PERSONAL, FAMILY OR HOUSEHOLD PURPOSES OR SECURED SOLELY BY THE BORROWER’S RESIDENCE MUST BE IN WRITING, EXPRESS CONSIDERATION AND BE SIGNED BY THE LENDERS TO BE ENFORCEABLE.

Statutory Notice. UNDER OREGON LAW, MOST AGREEMENTS, PROMISES PROMISES, AND COMMITMENTS MADE BY THE LENDERS CONCERNING LOANS AND OTHER CREDIT EXTENSIONS WHICH THAT ARE NOT FOR PERSONAL, FAMILY FAMILY, OR HOUSEHOLD PURPOSES OR SECURED SOLELY BY THE A BORROWER’S RESIDENCE RESIDENCE, MUST BE IN WRITING, EXPRESS CONSIDERATION CONSIDERATION, AND BE SIGNED BY THE LENDERS TO BE ENFORCEABLE.

Statutory Notice. UNDER OREGON LAW, MOST AGREEMENTS, PROMISES PROMISES, AND COMMITMENTS MADE BY THE LENDERS LENDER CONCERNING LOANS AND OTHER CREDIT EXTENSIONS WHICH THAT ARE NOT FOR PERSONAL, FAMILY FAMILY, OR HOUSEHOLD PURPOSES OR SECURED SOLELY BY THE BORROWER’S RESIDENCE MUST BE IN WRITING, EXPRESS CONSIDERATION CONSIDERATION, AND BE SIGNED BY THE LENDERS AN OFFICER OF LENDER TO BE ENFORCEABLE.