{"data":{"id":"us-or/ors-79a.6230","jurisdiction":"us-or","citation":"ORS 79A.6230","heading":"UCC 9-623. Right to redeem collateral.","body":"(1) A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral.\n      (2) To redeem collateral, a person shall tender:\n      (a) Fulfillment of all obligations secured by the collateral; and\n      (b) The reasonable expenses and attorney fees described in ORS 79A.6150 (1)(a).\n      (3) A redemption may occur at any time before a secured party:\n      (a) Has collected collateral under ORS 79A.6070;\n      (b) Has disposed of collateral or entered into a contract for its disposition under ORS 79A.6100; or\n      (c) Has accepted collateral in full or partial satisfaction of the obligation it secures under ORS 79A.6220.","path":["02 - Business Organizations, Commercial Code","8. Commercial Transactions","Chapter 79A — Secured Transactions"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors079A.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"cacf5d0bc05052439abeee11dc715d1b51c62e4de48b1cee3a07dbbae096a65f","source_id":"us-or","stale":false,"prev":"us-or/ors-79a.6220","next":"us-or/ors-79a.6240"},"notice":"GroundRules: Original legal text. Not legal advice."}