Oregon Statutes 803.098 – Certain transactions that do not create security interest
Current as of: 2023 | Check for updates
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Notwithstanding any other provision of law, in the case of motor vehicles or trailers, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer. [1993 c.646 § 25]
