Oregon § 83.885 Sale of motor vehicles, personal property or services for business or commercial purposes as time sale rather than loan

Oregon Statutes

§ 83.885 — Sale of motor vehicles, personal property or services for business or commercial purposes as time sale rather than loan

Oregon § 83.885

Vol.2

Title 8Commercial Transactions

Ch. 83Retail Installment Contracts

This text of Oregon § 83.885 (Sale of motor vehicles, personal property or services for business or commercial purposes as time sale rather than loan) 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. § 83.885 (2026).

Text

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.

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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.