Oregon Statutes
§ 12.240 — Effect of payment after obligation becomes due
Oregon § 12.240
This text of Oregon § 12.240 (Effect of payment after obligation becomes due) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 12.240 (2026).
Text
Whenever any payment of principal or interest is made after it has become due, upon an existing contract, whether it is a bill of exchange, promissory note, bond, or other evidence of indebtedness, the limitation shall commence from the time the last payment was made.
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Related
Albino v. Albino
568 P.2d 1344 (Oregon Supreme Court, 1977)
M+W Zander, U.S. Operations, Inc. v. Scott Co.
78 P.3d 118 (Court of Appeals of Oregon, 2003)
Matter of Estate of Culver
554 P.2d 541 (Court of Appeals of Oregon, 1976)
Northwest Foundry & Furnace Co. v. Willamette Manufacturing & Supply Co.
521 P.2d 545 (Oregon Supreme Court, 1974)
Daley v. a & S Collection Associates, Inc.
717 F. Supp. 2d 1150 (D. Oregon, 2010)
Foundation of Human Understanding v. Talk Radio Network, Inc.
(D. Oregon, 2022)
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Bluebook (online)
Oregon § 12.240, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/12.240.