Oregon — State Statute

Oregon Revised Statutes Chapter 83 § 83.610 — Delivery to buyer of instrument indicating full payment; release of security

Oregon Revised Statutes Chapter 83 ·
Oregon Code § 83.610 · Enacted · Last updated March 01, 2026
Statute Text
Delivery to buyer of instrument indicating full payment; release of security. After the payment of all sums for which the buyer is obligated under a retail installment contract or other security agreement, as defined in ORS 79A.1020, and upon written demand made by the buyer, the holder of such contract or agreement shall mail to the buyer at the buyer’s last-known address, good and sufficient instruments to indicate payment in full and to release all security in the motor vehicle. This section is supplementary to and is not restrictive of ORS 86.440, 86.460 and 803.097 or of ORS chapter 79A. [1957 c.625 §23; 1961 c.726 §400; 1983 c.338 §880; 1989 c.148 §5; 2001 c.445 §161]
Plain English Explanation
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This section of Oregon law addresses Delivery to buyer of instrument indicating full payment; release of security. Read the full statute text above for details.
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