Oregon Statutes - Chapter 12 - Limitations of Actions and Suits - Section 12.240 - Effect of payment after obligation becomes due.

Whenever any payment of principal or interest is made after it has become due, upon an existing contract, whether it is a bill of exchange, promissory note, bond, or other evidence of indebtedness, the limitation shall commence from the time the last payment was made.

Section:  Previous  12.180  12.190  12.195  12.200  12.210  12.220  12.230  12.240  12.250  12.260  12.270  12.272  12.274  12.276  12.278  Next

Last modified: August 7, 2008