Oregon Code § 72.5110·Enacted ·Last updated March 01, 2026
Statute Text
Tender
of payment by buyer; payment by check.
(1) Unless otherwise agreed tender of payment is a condition to the sellers
duty to tender and complete any delivery.
(2) Tender of
payment is sufficient when made by any means or in any manner current in the
ordinary course of business unless the seller demands payment in legal tender
and gives any extension of time reasonably necessary to procure it.
(3) Subject to
the provisions of ORS 73.0310 on the effect of an instrument on an obligation,
payment by check is conditional and is defeated as between the parties by
dishonor of the check on due presentment. [1961 c.726 §72.5110; 1993 c.545 §118]
Plain English Explanation
This Oregon statute addresses Tender
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 72.5110
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Tender
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