ORS § 650.450

Current through 2024 Regular Session legislation effective April 17, 2024
Section 650.450 - Indemnification; grantor and dealer
(1) Notwithstanding any dealership agreement:
(a) A grantor shall indemnify a dealer against and hold the dealer harmless from any cost, loss or damage, including attorney fees, arising out of a claim, action or judgment based on the grantor's negligence or intentional misconduct.
(b) A dealer shall indemnify a grantor against and hold the grantor harmless from any cost, loss or damage, including attorney fees, arising out of a claim, action or judgment based on the dealer's negligence or intentional misconduct.
(2)
(a) A dealer shall notify the grantor of a claim or action that is subject to subsection (1)(a) of this section within 10 days of the dealer's receipt of the claim or service of summons.
(b) A grantor shall notify the dealer of a claim or action that is subject to subsection (1)(b) of this section within 10 days of the grantor's receipt of the claim or service of summons.

ORS 650.450

2003 c. 377, § 16