Oregon § 83.610 Delivery to buyer of instrument indicating full payment; release of security

Oregon Statutes

§ 83.610 — Delivery to buyer of instrument indicating full payment; release of security

Oregon § 83.610

Vol.2

Title 8Commercial Transactions

Ch. 83Retail Installment Contracts

This text of Oregon § 83.610 (Delivery to buyer of instrument indicating full payment; release of security) 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. § 83.610 (2026).

Text

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.

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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.