Oregon Code § 73.0207·Enacted ·Last updated March 01, 2026
Statute Text
Reacquisition.
Reacquisition of an instrument occurs if it is transferred to a former holder,
by negotiation or otherwise. A former holder who reacquires the instrument may
cancel indorsements made after the reacquirer first became a holder of the
instrument. If the cancellation causes the instrument to be payable to the
reacquirer or to bearer, the reacquirer may negotiate the instrument. An
indorser whose indorsement is canceled is discharged, and the discharge is
effective against any subsequent holder. [1993 c.545 §29]
ENFORCEMENT OF
INSTRUMENTS
Plain English Explanation
This Oregon statute addresses Reacquisition. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 73.0207
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Reacquisition. Read the full statute text above for details.
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The formal citation is Oregon Code § 73.0207. Use this format in legal documents and court filings.
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