Oregon Code § ORS 783.130

Bill of sale of boat or vessel; effect of previous liens
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When any boat or vessel is sold in pursuance of ORS 783.110 to 783.160, the officer making the sale shall execute to the purchaser a bill of sale therefor, and such boat or vessel shall, in the hands of the purchaser and the purchasers assigns, be free and discharged from all previous liens and claims under this title.

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