(2) The rights of a holder in due course of any negotiable instrument executed contrary to subsection (1) of this section are not impaired by reason of the violation of subsection (1) of this section, but the buyer may bring an action against the motor vehicle dealer for the recovery of any loss or expense incurred by reason of the violation of subsection (1) of this section. The buyer’s action may be joined with any other right of action the buyer has against the motor vehicle dealer arising out of the installment sale. The court may award reasonable attorney fees to the prevailing party in an action under this section. [1957 c.625 §9; 1995 c.618 §47; 2001 c.117 §11]
Structure 2021 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 083 - Retail Installment Contracts
Section 83.010 - Definitions for ORS 83.010 to 83.190.
Section 83.020 - Retail installment contract requirements; exceptions.
Section 83.030 - Contents of contract.
Section 83.050 - Contracts completed by mail and based on catalog of seller.
Section 83.080 - Informing buyer of service charge and right to prepay; monthly statement.
Section 83.095 - Service charge computed by actuarial method.
Section 83.100 - Extra charges; miscellaneous provisions of contract.
Section 83.130 - Voluntary prepayment by buyer; refund.
Section 83.140 - Consolidation of purchases with prior contract.
Section 83.150 - Unenforceable contract provisions.
Section 83.510 - Definitions for ORS 83.510 to 83.680.
Section 83.520 - Form and contents of retail installment contract.
Section 83.530 - Filling blanks.
Section 83.565 - Finance charge computed by actuarial method; requirements; notice.
Section 83.620 - Voluntary prepayment by buyer; refund.
Section 83.650 - Effect of negotiation of notes on rights against motor vehicle dealer.
Section 83.670 - Unenforceable contract provisions.
Section 83.710 - Definitions for ORS 83.710 to 83.750; application of ORS 83.710 to 83.750.
Section 83.715 - Telephone solicitation sale; contract; contents.
Section 83.720 - Cancellation of home solicitation sale; notice; exception.
Section 83.740 - Duties of seller upon cancellation of sale or revocation of offer to purchase.
Section 83.820 - Consumer paper; negotiability; exception; rights and liabilities of assignees.
Section 83.850 - Definitions for ORS 83.850 and 83.860.
Section 83.875 - Definitions for ORS 83.875, 83.880, 83.890 and 83.895.
Section 83.880 - Sale of motor vehicles, goods or services as time sale rather than loan.
Section 83.890 - Notice required in contract when seller intends to transfer contract.