Oregon Revised Statutes

Or. Rev. Stat. § 650.245 (2026)

Principle of good faith

✓ current as of May 2026

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650.245 Principle of good faith. Without limiting the other provisions of ORS 650.200 to 650.250, the principle of good faith shall govern the relationship and dealings of the parties with each other. [1987 c.917 §8]

Notes of Decisions

Cited in 2 cases, 1991–1993 · leading case: Norwood v. Atl. Richfield Co., 814 F. Supp. 1459 (D. Or. 1991).

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Norwood v. Atl. Richfield Co., 814 F. Supp. 1459 (D. Or. 1991). · cites it 4× “-210(2), provides that it is unlawful for any franchisor to sell, rent, or offer to sell or rent to a franchisee any product, service, or property at a price not set in good faith as defined in ORS 72.”

Covey v. Union Oil Co. of California, 820 F. Supp. 1257 (D. Or. 1993). “Ultimately, Covey filed suit in which he sought recovery on three claims: 1) that Unocal breached the PMPA bona fide offer requirement; 2) that Unocal was negligent in failing to close the sale and turn over the property to plaintiff in a timely fashion; and 3) that Unocal…”

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