State Codes and Statutes

Statutes > Oregon > Vol2 > 079

Chapter 79 — SecuredTransactions

 

2009 EDITION

 

 

SECUREDTRANSACTIONS

 

COMMERCIALTRANSACTIONS

 

GENERALPROVISIONS

 

(ShortTitle, Definitions and General Concepts)

 

79.0101     UCC9-101. Short title

 

79.0102     UCC9-102. Definitions and index of definitions

 

79.0103     UCC9-103. Purchase-money security interest; application of payments; burden ofestablishing

 

79.0104     UCC9-104. Control of deposit account

 

79.0105     UCC9-105. Control of electronic chattel paper

 

79.0106     UCC9-106. Control of investment property

 

79.0107     UCC9-107. Control of letter-of-credit right

 

79.0108     UCC9-108. Sufficiency of description

 

(Applicabilityof Chapter)

 

79.0109     UCC9-109. Scope

 

79.0110     UCC9-110. Security interests arising under ORS chapter 72 or 72A

 

EFFECTIVENESSOF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TOSECURITY AGREEMENT

 

(Effectivenessand Attachment)

 

79.0201     UCC9-201. General effectiveness of security agreement

 

79.0202     UCC9-202. Title to collateral immaterial

 

79.0203     UCC9-203. Attachment and enforceability of security interest; proceeds; supportingobligations; formal requisites

 

79.0204     UCC9-204. After-acquired property; future advances

 

79.0205     UCC9-205. Use or disposition of collateral permissible

 

79.0206     UCC9-206. Security interest arising in purchase or delivery of financial asset

 

(Rightsand Duties)

 

79.0207     UCC9-207. Rights and duties of secured party having possession or control ofcollateral

 

79.0208     UCC9-208. Additional duties of secured party having control of collateral

 

79.0209     UCC9-209. Duties of secured party if account debtor has been notified ofassignment

 

79.0210     UCC9-210. Request for accounting; request regarding list of collateral orstatement of account

 

PERFECTIONAND PRIORITY

 

(LawGoverning Perfection and Priority)

 

79.0301     UCC9-301. Law governing perfection and priority of security interests

 

79.0302     UCC9-302. Law governing perfection and priority of agricultural liens

 

79.0303     UCC9-303. Law governing perfection and priority of security interests in goodscovered by a certificate of title

 

79.0304     UCC9-304. Law governing perfection and priority of security interests in depositaccounts

 

79.0305     UCC9-305. Law governing perfection and priority of security interests ininvestment property

 

79.0306     UCC9-306. Law governing perfection and priority of security interests inletter-of-credit rights

 

79.0307     UCC9-307. Location of debtor

 

(Perfection)

 

79.0308     UCC9-308. When security interest or agricultural lien is perfected; continuity ofperfection

 

79.0309     UCC9-309. Security interest perfected upon attachment

 

79.0310     UCC9-310. When filing required to perfect security interest or agricultural lien;security interests and agricultural liens to which filing provisions do notapply

 

79.0311     UCC9-311. Perfection of security interests in property subject to certainstatutes, regulations and treaties

 

79.0312     UCC9-312. Perfection of security interests in chattel paper, deposit accounts,documents, goods covered by documents, instruments, investment property,letter-of-credit rights and money; perfection by permissive filing; temporaryperfection without filing or transfer of possession

 

79.0313     UCC9-313. When possession by or delivery to secured party perfects securityinterest without filing

 

79.0314     UCC9-314. Perfection by control

 

79.0315     UCC9-315. Secured party’s rights on disposition of collateral and in proceeds

 

79.0316     UCC9-316. Continued perfection of security interest following change in governinglaw

 

(Priority)

 

79.0317     UCC9-317. Interests that take priority over or take free of security interest oragricultural lien

 

79.0318     UCC9-318. No interest retained in right to payment that is sold; rights and titleof seller of account or chattel paper with respect to creditors and purchasers

 

79.0319     UCC9-319. Rights and title of consignee with respect to creditors and purchasers

 

79.0320     UCC9-320. Buyer of goods

 

79.0321     UCC9-321. Licensee of general intangible and lessee of goods in ordinary course ofbusiness

 

79.0322     UCC9-322. Priorities among conflicting security interests in and agriculturalliens on same collateral

 

79.0323     UCC9-323. Future advances

 

79.0324     UCC9-324. Priority of purchase-money security interests

 

79.0325     UCC9-325. Priority of security interests in transferred collateral

 

79.0326     UCC9-326. Priority of security interests created by new debtor

 

79.0327     UCC9-327. Priority of security interests in deposit account

 

79.0328     UCC9-328. Priority of security interests in investment property

 

79.0329     UCC9-329. Priority of security interests in letter-of-credit right

 

79.0330     UCC9-330. Priority of purchaser of chattel paper or instrument

 

79.0331     UCC9-331. Priority of rights of purchasers of instruments, documents andsecurities under ORS chapters 73, 77 and 78; priority of interests in financialassets and security entitlements under ORS chapter 78

 

79.0332     UCC9-332. Transfer of money; transfer of funds from deposit account

 

79.0333     UCC9-333. Priority of certain liens arising by operation of law

 

79.0334     UCC9-334. Priority of security interests in fixtures and crops

 

79.0335     UCC9-335. Accessions

 

79.0336     UCC9-336. Commingled goods

 

79.0337     UCC9-337. Priority of security interests in goods covered by certificate of title

 

79.0338     UCC9-338. Priority of security interest or agricultural lien perfected by filedfinancing statement providing certain incorrect information

 

79.0339     UCC9-339. Priority subject to subordination

 

(Rightsof Bank)

 

79.0340     UCC9-340. Effectiveness of right of recoupment or setoff against deposit account

 

79.0341     UCC9-341. Bank’s rights and duties with respect to deposit account

 

79.0342     UCC9-342. Bank’s right to refuse to enter into or disclose existence of controlagreement

 

RIGHTSOF THIRD PARTIES

 

79.0401     UCC9-401. Alienability of debtor’s rights

 

79.0402     UCC9-402. Secured party not obligated on contract of debtor or in tort

 

79.0403     UCC9-403. Agreement not to assert defenses against assignee

 

79.0404     UCC9-404. Rights acquired by assignee; claims and defenses against assignee

 

79.0405     UCC9-405. Modification of assigned contract

 

79.0406     UCC9-406. Discharge of account debtor; notification of assignment; identificationand proof of assignment; restrictions on assignment of accounts, chattel paper,payment intangibles and promissory notes ineffective

 

79.0407     UCC9-407. Restrictions on creation or enforcement of security interest inleasehold interest or in lessor’s residual interest

 

79.0408     UCC9-408. Restrictions on assignment of promissory notes, health-care-insurancereceivables, and certain general intangibles ineffective

 

79.0409     UCC9-409. Restrictions on assignment of letter-of-credit rights ineffective

 

FILING

 

(FilingOffice; Contents and Effectiveness of Financing Statement)

 

79.0501     UCC9-501. Filing office

 

79.0502     UCC9-502. Contents of financing statement; record of mortgage as financingstatement; time of filing financing statement

 

79.0503     UCC9-503. Name of debtor and secured party

 

79.0504     UCC9-504. Indication of collateral

 

79.0505     UCC9-505. Filing and compliance with other statutes and treaties for consignments,leases, other bailments and other transactions

 

79.0506     UCC9-506. Effect of errors or omissions

 

79.0507     UCC9-507. Effect of certain events on effectiveness of financing statement

 

79.0508     UCC9-508. Effectiveness of financing statement if new debtor becomes bound bysecurity agreement

 

79.0509     UCC9-509. Persons entitled to file a record

 

79.0510     UCC9-510. Effectiveness of filed record

 

State Codes and Statutes

Statutes > Oregon > Vol2 > 079

Chapter 79 — SecuredTransactions

 

2009 EDITION

 

 

SECUREDTRANSACTIONS

 

COMMERCIALTRANSACTIONS

 

GENERALPROVISIONS

 

(ShortTitle, Definitions and General Concepts)

 

79.0101     UCC9-101. Short title

 

79.0102     UCC9-102. Definitions and index of definitions

 

79.0103     UCC9-103. Purchase-money security interest; application of payments; burden ofestablishing

 

79.0104     UCC9-104. Control of deposit account

 

79.0105     UCC9-105. Control of electronic chattel paper

 

79.0106     UCC9-106. Control of investment property

 

79.0107     UCC9-107. Control of letter-of-credit right

 

79.0108     UCC9-108. Sufficiency of description

 

(Applicabilityof Chapter)

 

79.0109     UCC9-109. Scope

 

79.0110     UCC9-110. Security interests arising under ORS chapter 72 or 72A

 

EFFECTIVENESSOF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TOSECURITY AGREEMENT

 

(Effectivenessand Attachment)

 

79.0201     UCC9-201. General effectiveness of security agreement

 

79.0202     UCC9-202. Title to collateral immaterial

 

79.0203     UCC9-203. Attachment and enforceability of security interest; proceeds; supportingobligations; formal requisites

 

79.0204     UCC9-204. After-acquired property; future advances

 

79.0205     UCC9-205. Use or disposition of collateral permissible

 

79.0206     UCC9-206. Security interest arising in purchase or delivery of financial asset

 

(Rightsand Duties)

 

79.0207     UCC9-207. Rights and duties of secured party having possession or control ofcollateral

 

79.0208     UCC9-208. Additional duties of secured party having control of collateral

 

79.0209     UCC9-209. Duties of secured party if account debtor has been notified ofassignment

 

79.0210     UCC9-210. Request for accounting; request regarding list of collateral orstatement of account

 

PERFECTIONAND PRIORITY

 

(LawGoverning Perfection and Priority)

 

79.0301     UCC9-301. Law governing perfection and priority of security interests

 

79.0302     UCC9-302. Law governing perfection and priority of agricultural liens

 

79.0303     UCC9-303. Law governing perfection and priority of security interests in goodscovered by a certificate of title

 

79.0304     UCC9-304. Law governing perfection and priority of security interests in depositaccounts

 

79.0305     UCC9-305. Law governing perfection and priority of security interests ininvestment property

 

79.0306     UCC9-306. Law governing perfection and priority of security interests inletter-of-credit rights

 

79.0307     UCC9-307. Location of debtor

 

(Perfection)

 

79.0308     UCC9-308. When security interest or agricultural lien is perfected; continuity ofperfection

 

79.0309     UCC9-309. Security interest perfected upon attachment

 

79.0310     UCC9-310. When filing required to perfect security interest or agricultural lien;security interests and agricultural liens to which filing provisions do notapply

 

79.0311     UCC9-311. Perfection of security interests in property subject to certainstatutes, regulations and treaties

 

79.0312     UCC9-312. Perfection of security interests in chattel paper, deposit accounts,documents, goods covered by documents, instruments, investment property,letter-of-credit rights and money; perfection by permissive filing; temporaryperfection without filing or transfer of possession

 

79.0313     UCC9-313. When possession by or delivery to secured party perfects securityinterest without filing

 

79.0314     UCC9-314. Perfection by control

 

79.0315     UCC9-315. Secured party’s rights on disposition of collateral and in proceeds

 

79.0316     UCC9-316. Continued perfection of security interest following change in governinglaw

 

(Priority)

 

79.0317     UCC9-317. Interests that take priority over or take free of security interest oragricultural lien

 

79.0318     UCC9-318. No interest retained in right to payment that is sold; rights and titleof seller of account or chattel paper with respect to creditors and purchasers

 

79.0319     UCC9-319. Rights and title of consignee with respect to creditors and purchasers

 

79.0320     UCC9-320. Buyer of goods

 

79.0321     UCC9-321. Licensee of general intangible and lessee of goods in ordinary course ofbusiness

 

79.0322     UCC9-322. Priorities among conflicting security interests in and agriculturalliens on same collateral

 

79.0323     UCC9-323. Future advances

 

79.0324     UCC9-324. Priority of purchase-money security interests

 

79.0325     UCC9-325. Priority of security interests in transferred collateral

 

79.0326     UCC9-326. Priority of security interests created by new debtor

 

79.0327     UCC9-327. Priority of security interests in deposit account

 

79.0328     UCC9-328. Priority of security interests in investment property

 

79.0329     UCC9-329. Priority of security interests in letter-of-credit right

 

79.0330     UCC9-330. Priority of purchaser of chattel paper or instrument

 

79.0331     UCC9-331. Priority of rights of purchasers of instruments, documents andsecurities under ORS chapters 73, 77 and 78; priority of interests in financialassets and security entitlements under ORS chapter 78

 

79.0332     UCC9-332. Transfer of money; transfer of funds from deposit account

 

79.0333     UCC9-333. Priority of certain liens arising by operation of law

 

79.0334     UCC9-334. Priority of security interests in fixtures and crops

 

79.0335     UCC9-335. Accessions

 

79.0336     UCC9-336. Commingled goods

 

79.0337     UCC9-337. Priority of security interests in goods covered by certificate of title

 

79.0338     UCC9-338. Priority of security interest or agricultural lien perfected by filedfinancing statement providing certain incorrect information

 

79.0339     UCC9-339. Priority subject to subordination

 

(Rightsof Bank)

 

79.0340     UCC9-340. Effectiveness of right of recoupment or setoff against deposit account

 

79.0341     UCC9-341. Bank’s rights and duties with respect to deposit account

 

79.0342     UCC9-342. Bank’s right to refuse to enter into or disclose existence of controlagreement

 

RIGHTSOF THIRD PARTIES

 

79.0401     UCC9-401. Alienability of debtor’s rights

 

79.0402     UCC9-402. Secured party not obligated on contract of debtor or in tort

 

79.0403     UCC9-403. Agreement not to assert defenses against assignee

 

79.0404     UCC9-404. Rights acquired by assignee; claims and defenses against assignee

 

79.0405     UCC9-405. Modification of assigned contract

 

79.0406     UCC9-406. Discharge of account debtor; notification of assignment; identificationand proof of assignment; restrictions on assignment of accounts, chattel paper,payment intangibles and promissory notes ineffective

 

79.0407     UCC9-407. Restrictions on creation or enforcement of security interest inleasehold interest or in lessor’s residual interest

 

79.0408     UCC9-408. Restrictions on assignment of promissory notes, health-care-insurancereceivables, and certain general intangibles ineffective

 

79.0409     UCC9-409. Restrictions on assignment of letter-of-credit rights ineffective

 

FILING

 

(FilingOffice; Contents and Effectiveness of Financing Statement)

 

79.0501     UCC9-501. Filing office

 

79.0502     UCC9-502. Contents of financing statement; record of mortgage as financingstatement; time of filing financing statement

 

79.0503     UCC9-503. Name of debtor and secured party

 

79.0504     UCC9-504. Indication of collateral

 

79.0505     UCC9-505. Filing and compliance with other statutes and treaties for consignments,leases, other bailments and other transactions

 

79.0506     UCC9-506. Effect of errors or omissions

 

79.0507     UCC9-507. Effect of certain events on effectiveness of financing statement

 

79.0508     UCC9-508. Effectiveness of financing statement if new debtor becomes bound bysecurity agreement

 

79.0509     UCC9-509. Persons entitled to file a record

 

79.0510     UCC9-510. Effectiveness of filed record

 

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State Codes and Statutes

State Codes and Statutes

Statutes > Oregon > Vol2 > 079

Chapter 79 — SecuredTransactions

 

2009 EDITION

 

 

SECUREDTRANSACTIONS

 

COMMERCIALTRANSACTIONS

 

GENERALPROVISIONS

 

(ShortTitle, Definitions and General Concepts)

 

79.0101     UCC9-101. Short title

 

79.0102     UCC9-102. Definitions and index of definitions

 

79.0103     UCC9-103. Purchase-money security interest; application of payments; burden ofestablishing

 

79.0104     UCC9-104. Control of deposit account

 

79.0105     UCC9-105. Control of electronic chattel paper

 

79.0106     UCC9-106. Control of investment property

 

79.0107     UCC9-107. Control of letter-of-credit right

 

79.0108     UCC9-108. Sufficiency of description

 

(Applicabilityof Chapter)

 

79.0109     UCC9-109. Scope

 

79.0110     UCC9-110. Security interests arising under ORS chapter 72 or 72A

 

EFFECTIVENESSOF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TOSECURITY AGREEMENT

 

(Effectivenessand Attachment)

 

79.0201     UCC9-201. General effectiveness of security agreement

 

79.0202     UCC9-202. Title to collateral immaterial

 

79.0203     UCC9-203. Attachment and enforceability of security interest; proceeds; supportingobligations; formal requisites

 

79.0204     UCC9-204. After-acquired property; future advances

 

79.0205     UCC9-205. Use or disposition of collateral permissible

 

79.0206     UCC9-206. Security interest arising in purchase or delivery of financial asset

 

(Rightsand Duties)

 

79.0207     UCC9-207. Rights and duties of secured party having possession or control ofcollateral

 

79.0208     UCC9-208. Additional duties of secured party having control of collateral

 

79.0209     UCC9-209. Duties of secured party if account debtor has been notified ofassignment

 

79.0210     UCC9-210. Request for accounting; request regarding list of collateral orstatement of account

 

PERFECTIONAND PRIORITY

 

(LawGoverning Perfection and Priority)

 

79.0301     UCC9-301. Law governing perfection and priority of security interests

 

79.0302     UCC9-302. Law governing perfection and priority of agricultural liens

 

79.0303     UCC9-303. Law governing perfection and priority of security interests in goodscovered by a certificate of title

 

79.0304     UCC9-304. Law governing perfection and priority of security interests in depositaccounts

 

79.0305     UCC9-305. Law governing perfection and priority of security interests ininvestment property

 

79.0306     UCC9-306. Law governing perfection and priority of security interests inletter-of-credit rights

 

79.0307     UCC9-307. Location of debtor

 

(Perfection)

 

79.0308     UCC9-308. When security interest or agricultural lien is perfected; continuity ofperfection

 

79.0309     UCC9-309. Security interest perfected upon attachment

 

79.0310     UCC9-310. When filing required to perfect security interest or agricultural lien;security interests and agricultural liens to which filing provisions do notapply

 

79.0311     UCC9-311. Perfection of security interests in property subject to certainstatutes, regulations and treaties

 

79.0312     UCC9-312. Perfection of security interests in chattel paper, deposit accounts,documents, goods covered by documents, instruments, investment property,letter-of-credit rights and money; perfection by permissive filing; temporaryperfection without filing or transfer of possession

 

79.0313     UCC9-313. When possession by or delivery to secured party perfects securityinterest without filing

 

79.0314     UCC9-314. Perfection by control

 

79.0315     UCC9-315. Secured party’s rights on disposition of collateral and in proceeds

 

79.0316     UCC9-316. Continued perfection of security interest following change in governinglaw

 

(Priority)

 

79.0317     UCC9-317. Interests that take priority over or take free of security interest oragricultural lien

 

79.0318     UCC9-318. No interest retained in right to payment that is sold; rights and titleof seller of account or chattel paper with respect to creditors and purchasers

 

79.0319     UCC9-319. Rights and title of consignee with respect to creditors and purchasers

 

79.0320     UCC9-320. Buyer of goods

 

79.0321     UCC9-321. Licensee of general intangible and lessee of goods in ordinary course ofbusiness

 

79.0322     UCC9-322. Priorities among conflicting security interests in and agriculturalliens on same collateral

 

79.0323     UCC9-323. Future advances

 

79.0324     UCC9-324. Priority of purchase-money security interests

 

79.0325     UCC9-325. Priority of security interests in transferred collateral

 

79.0326     UCC9-326. Priority of security interests created by new debtor

 

79.0327     UCC9-327. Priority of security interests in deposit account

 

79.0328     UCC9-328. Priority of security interests in investment property

 

79.0329     UCC9-329. Priority of security interests in letter-of-credit right

 

79.0330     UCC9-330. Priority of purchaser of chattel paper or instrument

 

79.0331     UCC9-331. Priority of rights of purchasers of instruments, documents andsecurities under ORS chapters 73, 77 and 78; priority of interests in financialassets and security entitlements under ORS chapter 78

 

79.0332     UCC9-332. Transfer of money; transfer of funds from deposit account

 

79.0333     UCC9-333. Priority of certain liens arising by operation of law

 

79.0334     UCC9-334. Priority of security interests in fixtures and crops

 

79.0335     UCC9-335. Accessions

 

79.0336     UCC9-336. Commingled goods

 

79.0337     UCC9-337. Priority of security interests in goods covered by certificate of title

 

79.0338     UCC9-338. Priority of security interest or agricultural lien perfected by filedfinancing statement providing certain incorrect information

 

79.0339     UCC9-339. Priority subject to subordination

 

(Rightsof Bank)

 

79.0340     UCC9-340. Effectiveness of right of recoupment or setoff against deposit account

 

79.0341     UCC9-341. Bank’s rights and duties with respect to deposit account

 

79.0342     UCC9-342. Bank’s right to refuse to enter into or disclose existence of controlagreement

 

RIGHTSOF THIRD PARTIES

 

79.0401     UCC9-401. Alienability of debtor’s rights

 

79.0402     UCC9-402. Secured party not obligated on contract of debtor or in tort

 

79.0403     UCC9-403. Agreement not to assert defenses against assignee

 

79.0404     UCC9-404. Rights acquired by assignee; claims and defenses against assignee

 

79.0405     UCC9-405. Modification of assigned contract

 

79.0406     UCC9-406. Discharge of account debtor; notification of assignment; identificationand proof of assignment; restrictions on assignment of accounts, chattel paper,payment intangibles and promissory notes ineffective

 

79.0407     UCC9-407. Restrictions on creation or enforcement of security interest inleasehold interest or in lessor’s residual interest

 

79.0408     UCC9-408. Restrictions on assignment of promissory notes, health-care-insurancereceivables, and certain general intangibles ineffective

 

79.0409     UCC9-409. Restrictions on assignment of letter-of-credit rights ineffective

 

FILING

 

(FilingOffice; Contents and Effectiveness of Financing Statement)

 

79.0501     UCC9-501. Filing office

 

79.0502     UCC9-502. Contents of financing statement; record of mortgage as financingstatement; time of filing financing statement

 

79.0503     UCC9-503. Name of debtor and secured party

 

79.0504     UCC9-504. Indication of collateral

 

79.0505     UCC9-505. Filing and compliance with other statutes and treaties for consignments,leases, other bailments and other transactions

 

79.0506     UCC9-506. Effect of errors or omissions

 

79.0507     UCC9-507. Effect of certain events on effectiveness of financing statement

 

79.0508     UCC9-508. Effectiveness of financing statement if new debtor becomes bound bysecurity agreement

 

79.0509     UCC9-509. Persons entitled to file a record

 

79.0510     UCC9-510. Effectiveness of filed record