ORS 93.913: Forfeiture allowed for default under certain collateral assignments of interest.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
In the event of a default under a collateral assignment of the interest of a seller or purchaser in a land sale contract, including a collateral assignment of the proceeds thereof, the assignee may enforce a remedy of forfeiture, as set forth in ORS 93.905 to 93.945, unless the agreement between the parties otherwise prohibits such remedy. [1989 c.516 §3]
Official history and status
History: Note: 93.913 and 93.918 were added to and made a part of ORS chapter 93 by legislative action but were not added to any series therein. See Preface to Oregon Revised Statutes for further explanation.
This rule cites
- ORS 93.905 — resolved
- 93.945 — resolved
Cited by
No inbound citations found.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors093.html