Oregon Revised Statutes Chapter 83 § 83.885 — Sale of
Oregon Revised Statutes Chapter 83 ·
Oregon Code § 83.885·Enacted ·Last updated March 01, 2026
Statute Text
Sale of
motor vehicles, personal property or services for business or commercial
purposes as time sale rather than loan.
A retail installment contract for the sale of motor
vehicles, other personal property or services purchased primarily for business
or commercial purposes, which discloses both a cash price and a deferred
payment or time price, constitutes a bona fide time sale rather than a loan or
use of money, notwithstanding that the contract is intended to be transferred,
or is transferred, to a holder pursuant to a business relationship however
characterized. [1977 c.274 §6]
Plain English Explanation
This Oregon statute addresses Sale of
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 83.885
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Sale of
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