Oregon — State Statute

Oregon Revised Statutes Chapter 83 § 83.660 — Acceleration provision

Oregon Revised Statutes Chapter 83 ·
Oregon Code § 83.660 · Enacted · Last updated March 01, 2026
Statute Text
Acceleration provision. No provision in a retail installment contract by which, in the absence of the buyer’s default, the holder may, arbitrarily and without reasonable cause, accelerate the maturity of any part or all of the time balance is enforceable. This section does not prohibit provisions in a retail installment contract accelerating any part or all of the time balance in the event of sale or transfer, or removal outside the state of the motor vehicle covered by the contract. [1957 c.625 §13]
Plain English Explanation
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This section of Oregon law addresses Acceleration provision. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 83.660. Use this format in legal documents and court filings.
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