Or. Admin. Code § 735-028-0060 - Restrictions on Use of a Power of Attorney for Odometer Disclosure
(1) A power of
attorney may be used for making odometer disclosures required upon transfer of
interest, when the party granted the power of attorney is a disinterested third
party:
(a) As used in this rule and OAR
735-028-0070, "disinterested
third party" means someone who is not the buyer or seller, or an employee,
agent or representative of either;
(b) Provisions covering the form, content and
use of a power of attorney by a disinterested third party are covered in OAR
735-028-0070.
(2) No person shall sign an
odometer disclosure for both the seller and buyer in the same transaction
(e.g., by power of attorney), except as provided in this section:
(a) A seller may grant the buyer power of
attorney to make an odometer disclosure if:
(A) The seller's title is lost, and the buyer
is applying for a replacement title on behalf of the seller; or
(B) The seller's title is being held by a
lien holder.
(b) A buyer
may grant power of attorney to the seller, if at the time the seller acquired
the vehicle the seller was granted a power of attorney as provided in
subsection (2)(a) of this rule, and has re-sold the vehicle prior to receiving
the title. Any power of attorney granted under this subsection shall be made on
the same form as completed by the original seller and buyer, under subsection
(2)(a) of this rule.
(3)
Provisions covering the form, content and use of a power of attorney between a
buyer and seller are covered in OAR
735-028-0080.
Notes
Stat. Auth.: ORS 802.010, 802.200, 803.015, 803.045, 803.050, 803.065, 803.092, 803.094, 803.097, 803.102, 803.120, 803.122, 803.124, 803.126, 803.140, 803.207, 803.370, 803.475, 805.120, 815.405, 821.060, 821.080 & Ch. 873, OL 1991
Stats. Implemented: ORS 803.120 - 803.124 & 49 CFR Part 580
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