Or. Admin. Code § 812-002-0443

Current through Register Vol. 63, No. 12, December 1, 2024

Section 812-002-0443 - Legal Capacity to Enter into Contracts

"Legal capacity to enter into contracts" as used in ORS 701.046(3)(b), means the attaining of the age of 18 for any sole proprietor, partner of any general partnership, limited liability partnership, limited partnership or joint venture, corporate officer, member, or any other persons similarly situated who holds or could hold the authority to enter into a contract on behalf of the licensed entity.

CCB 8-2001, f. 12-12-01, cert. ef. 1-1-02; CCB 7-2005, f. 12-7-05, cert. ef. 1-1-06; CCB 9-2008, f. 6-11-08, cert. ef. 7-1-08; CCB 3-2012, f. & cert. ef. 3-2-12

Stat. Auth.: ORS 670.310 & 701.235

Stats. Implemented: ORS 701.046