Oregon § 462.316 Prohibition on accepting certain wagers; suspension or closure of account

Oregon Statutes

§ 462.316 — Prohibition on accepting certain wagers; suspension or closure of account

Oregon § 462.316

Vol.13

Title 36AHousing; Lottery and Games; Environment

Ch. 462Racing

This text of Oregon § 462.316 (Prohibition on accepting certain wagers; suspension or closure of account) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 462.316 (2026).

Text

(1)An exchange wagering licensee may not accept an exchange wager, or series of exchange wagers, from an exchange wagering account holder if the results of the exchange wager or series of exchange wagers would create a liability for the holder in excess of moneys on the deposit in the holder’s exchange wagering account.

(2)An exchange wagering licensee may suspend or close an exchange wagering account at the discretion of the exchange wagering licensee.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) An exchange wagering licensee may not accept an exchange wager, or series of exchange wagers, from an exchange wagering account holder if the results of the exchange wager or series of exchange wagers would create a liability for the holder in excess of moneys on the deposit in the holder’s exchange wagering account.
(2) An exchange wagering licensee may suspend or close an exchange wagering account at the discretion of the exchange wagering licensee.