There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 1, Chapters 1 - 55
ORS Chapter 12
12.240 Effect of payment after obligation becomes due.
OR Rev Stat § 12.240 (through Leg Sess 2011) What's This?
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.
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