Oregon Law
Law as of Jan 1, 2024
Chapter contents
79.0101UCC 9-101 79.0102UCC 9-102 79.0103UCC 9-103 79.0104UCC 9-104 79.0105UCC 9-105 79.0106UCC 9-106 79.0107UCC 9-107 79.0108UCC 9-108 79.0109UCC 9-109 79.0110UCC 9-110 79.0201UCC 9-201 79.0202UCC 9-202 79.0203UCC 9-203 79.0204UCC 9-204 79.0205UCC 9-205 79.0206UCC 9-206 79.0207UCC 9-207 79.0208UCC 9-208 79.0209UCC 9-209 79.0210UCC 9-210 79.0301UCC 9-301 79.0302UCC 9-302 79.0303UCC 9-303 79.0304UCC 9-304 79.0305UCC 9-305 79.0306UCC 9-306 79.0307UCC 9-307 79.0308UCC 9-308 79.0309UCC 9-309 79.0310UCC 9-310 79.0311UCC 9-311 79.0312UCC 9-312 79.0313UCC 9-313 79.0314UCC 9-314 79.0315UCC 9-315 79.0316UCC 9-316 79.0317UCC 9-317 79.0318UCC 9-318 79.0319UCC 9-319 79.0320UCC 9-320 79.0321UCC 9-321 79.0322UCC 9-322 79.0323UCC 9-323 79.0324UCC 9-324 79.0325UCC 9-325 79.0326UCC 9-326 79.0327UCC 9-327 79.0328UCC 9-328 79.0329UCC 9-329 79.0330UCC 9-330 79.0331UCC 9-331 79.0332UCC 9-332 79.0333UCC 9-333 79.0334UCC 9-334 79.0335UCC 9-335 79.0336UCC 9-336 79.0337UCC 9-337 79.0338UCC 9-338 79.0339UCC 9-339 79.0340UCC 9-340 79.0341UCC 9-341 79.0342UCC 9-342 79.0401UCC 9-401 79.0402UCC 9-402 79.0403UCC 9-403 79.0404UCC 9-404 79.0405UCC 9-405 79.0406UCC 9-406 79.0407UCC 9-407 79.0408UCC 9-408 79.0409UCC 9-409 79.0501UCC 9-501 79.0502UCC 9-502 79.0503UCC 9-503 79.0504UCC 9-504 79.0505UCC 9-505 79.0506UCC 9-506 79.0507UCC 9-507 79.0508UCC 9-508 79.0509UCC 9-509 79.0510UCC 9-510 79.0511UCC 9-511 79.0512UCC 9-512 79.0513UCC 9-513 79.0514UCC 9-514 79.0515UCC 9-515 79.0516UCC 9-516 79.0517UCC 9-517 79.0518UCC 9-518 79.0519UCC 9-519 79.0520UCC 9-520 79.0521UCC 9-521 79.0522UCC 9-522 79.0523UCC 9-523 79.0524UCC 9-524 79.0525UCC 9-525 79.0526UCC 9-526 79.0527UCC 9-527 79.0528Liability of Secretary of State 79.0601UCC 9-601 79.0602UCC 9-602 79.0603UCC 9-603 79.0604UCC 9-604 79.0605UCC 9-605 79.0606UCC 9-606 79.0607UCC 9-607 79.0608UCC 9-608 79.0609UCC 9-609 79.0610UCC 9-610 79.0611UCC 9-611 79.0612UCC 9-612 79.0613UCC 9-613 79.0614UCC 9-614 79.0615UCC 9-615 79.0616UCC 9-616 79.0617UCC 9-617 79.0618UCC 9-618 79.0619UCC 9-619 79.0620UCC 9-620 79.0621UCC 9-621 79.0622UCC 9-622 79.0623UCC 9-623 79.0624UCC 9-624 79.0625UCC 9-625 79.0626UCC 9-626 79.0627UCC 9-627 79.0628UCC 9-628 79.1010[1961 c.726 §79.1010; repealed by 2001 c.445 §187] 79.1020[1961 c.726 §79.1020; 1973 c.504 §5; repealed by 2001 c.445 §187] 79.1030[1961 c.726 §79.1030; 1973 c.504 §6; 1985 c.676 §79.1030; 1995 c.328 §53; 1997 c.150 §21; repealed by 2001 c.445 §187] 79.1040[1961 c.726 §79.1040; 1973 c.504 §7; 1989 c.567 §1; 1993 c.390 §1; 1997 c.150 §22; repealed by 2001 c.445 §187] 79.1050[1961 c.726 §79.1050; 1963 c.402 §10; 1973 c.504 §8; 1985 c.676 §79.1050; 1989 c.813 §3; 1993 c.545 §121; 1995 c.328 §54; 1997 c.150 §23; 1999 c.59 §17; repealed by 2001 c.445 §187] 79.1060[1961 c.726 §79.1060; 1973 c.504 §9; 1995 c.328 §55; 1997 c.150 §24; repealed by 2001 c.445 §187] 79.1070[1961 c.726 §79.1070; repealed by 2001 c.445 §187] 79.1080[1961 c.726 §79.1080; repealed by 2001 c.445 §187] 79.1090[1961 c.726 §79.1090; repealed by 2001 c.445 §187] 79.1100[1961 c.726 §79.1100; 1999 c.715 §3; repealed by 2001 c.445 §187] 79.1110[1961 c.726 §79.1110; repealed by 1991 c.83 §1] 79.1120[1961 c.726 §79.1120; repealed by 2001 c.445 §187] 79.1130[1961 c.726 §79.1130; 1989 c.676 §82; repealed by 2001 c.445 §187] 79.1150[1995 c.328 §56; repealed by 2001 c.445 §187] 79.1160[1995 c.328 §57; repealed by 2001 c.445 §187] 79.2010[1961 c.726 §79.2010; repealed by 2001 c.445 §187] 79.2020[1961 c.726 §79.2020; repealed by 2001 c.445 §187] 79.2030[1961 c.726 §79.2030; 1973 c.504 §11; 1985 c.676 §79.2030; 1995 c.79 §28; 1995 c.328 §58; repealed by 2001 c.445 §187] 79.2040[1961 c.726 §79.2040; 1963 c.402 §5; 1973 c.504 §12; repealed by 2001 c.445 §187] 79.2050[1961 c.726 §79.2050; 1973 c.504 §13; repealed by 2001 c.445 §187] 79.2060[1961 c.726 §79.2060; repealed by 2001 c.445 §187] 79.2070[1961 c.726 §79.2070; repealed by 2001 c.445 §187] 79.2080[1961 c.726 §79.2080; repealed by 2001 c.445 §187] 79.3010[1961 c.726 §79.3010; 1973 c.504 §14; 1983 c.394 §1; 1985 c.765 §79.3010; 1989 c.813 §1; 1991 c.937 §1; 1995 c.328 §59; repealed by 2001 c.445 §187] 79.3015[1973 c.504 §10; repealed by 2001 c.445 §187] 79.3020[1961 c.726 §79.3020; 1965 c.209 §1; 1967 c.395 §2; 1969 c.386 §1; 1973 c.504 §15; 1985 c.16 §445; 1985 c.676 §79.3020; 1989 c.111 §9; 1993 c.390 §2; 1995 c.79 §29; 1995 c.328 §60; repealed by 2001 c.445 §187] 79.3030[1961 c.726 §79.3030; repealed by 2001 c.445 §187] 79.3040[1961 c.726 §79.3040; 1973 c.504 §16; 1985 c.676 §79.3040; 1995 c.328 §61; 1997 c.150 §25; repealed by 2001 c.445 §187] 79.3050[1961 c.726 §79.3050; 1973 c.504 §17; 1985 c.676 §79.3050; 1995 c.328 §62; 1997 c.150 §26; repealed by 2001 c.445 §187] 79.3060[1961 c.726 §79.3060; 1973 c.504 §18; 1995 c.328 §63; repealed by 2001 c.445 §187] 79.3070[1961 c.726 §79.3070; 1973 c.504 §19; repealed by 2001 c.445 §187] 79.3080[1961 c.726 §79.3080; 1973 c.504 §20; repealed by 2001 c.445 §187] 79.3090[1961 c.726 §79.3090; 1985 c.676 §79.3090; 1993 c.545 §122; 1995 c.328 §64; repealed by 2001 c.445 §187] 79.3100[1961 c.726 §79.3100; repealed by 2001 c.445 §187] 79.3110[1961 c.726 §79.3110; repealed by 2001 c.445 §187] 79.3120[1961 c.726 §79.3120; 1973 c.504 §21; 1983 c.394 §2; 1985 c.676 §79.3120; 1985 c.765 §2; 1989 c.813 §2; 1991 c.937 §2; 1993 c.390 §3; 1995 c.79 §30; 1995 c.328 §65; repealed by 2001 c.445 §187] 79.3130[1961 c.726 §79.3130; 1973 c.504 §22; 1993 c.155 §3; 1999 c.645 §1; repealed by 2001 c.445 §187] 79.3132[1999 c.715 §2; repealed by 2001 c.445 §187] 79.3140[1961 c.726 §79.3140; repealed by 2001 c.445 §187] 79.3150[1961 c.726 §79.3150; repealed by 2001 c.445 §187] 79.3160[1961 c.726 §79.3160; repealed by 2001 c.445 §187] 79.3170[1961 c.726 §79.3170; repealed by 2001 c.445 §187] 79.3180[1961 c.726 §79.3180; 1973 c.504 §23; repealed by 2001 c.445 §187] 79.4010[1961 c.726 §79.4010; 1963 c.402 §6; 1973 c.504 §24; 1975 c.703 §3; 1977 c.452 §1; repealed by 2001 c.445 §187] 79.4015[1977 c.452 §3; repealed by 1989 c.111 §14] 79.4016[1999 c.715 §9; repealed by 2001 c.445 §187] 79.4020[1961 c.726 §79.4020; 1963 c.402 §7; 1973 c.504 §25; 1987 c.552 §1; 1989 c.111 §1; 1991 c.134 §1; repealed by 2001 c.445 §187] 79.4023[1973 c.504 §31; repealed by 2001 c.445 §187] 79.4025[1963 c.370 §§1,2; 1977 c.452 §2; 1989 c.111 §2; 1993 c.155 §1; 1999 c.464 §1; 1999 c.715 §4; repealed by 2001 c.445 §187] 79.4030[1961 c.726 §79.4030; 1963 c.402 §8; 1971 c.621 §13; 1973 c.504 §26; 1975 c.607 §15; 1979 c.833 §16; 1981 c.835 §6; 1987 c.552 §2; 1989 c.111 §3; 1993 c.155 §2; repealed by 2001 c.445 §187] 79.4040[1961 c.726 §79.4040; 1971 c.621 §14; 1973 c.504 §27; 1975 c.607 §16; 1979 c.833 §17; 1981 c.835 §7; 1989 c.111 §4; repealed by 2001 c.445 §187] 79.4050[1961 c.726 §79.4050; 1971 c.621 §15; 1973 c.504 §28; 1975 c.607 §17; 1979 c.833 §18; 1981 c.835 §8; 1989 c.111 §5; repealed by 2001 c.445 §187] 79.4060[1961 c.726 §79.4060; 1971 c.621 §16; 1973 c.504 §29; 1975 c.607 §18; 1979 c.833 §19; 1981 c.835 §9; 1989 c.111 §6; repealed by 2001 c.445 §187] 79.4070[1961 c.726 §79.4070; 1971 c.621 §17; 1973 c.504 §30; 1975 c.607 §19; 1979 c.833 §20; 1981 c.835 §10; 1983 c.246 §1; 1985 c.469 §79.4070; 1989 c.111 §7; 1999 c.715 §5; repealed by 2001 c.445 §187] 79.4080[1979 c.548 §2; 1989 c.111 §8; repealed by 2001 c.445 §187] 79.4090[1979 c.548 §3; 1983 c.220 §3; 1989 c.111 §13; 1993 c.66 §8; repealed by 2001 c.445 §187] 79.5010[1961 c.726 §79.5010; 1973 c.504 §32; repealed by 2001 c.445 §187] 79.5020[1961 c.726 §79.5020; 1973 c.504 §33; repealed by 2001 c.445 §187] 79.5030[1961 c.726 §79.5030; repealed by 2001 c.445 §187] 79.5040[1961 c.726 §79.5040; 1973 c.504 §34; repealed by 2001 c.445 §187] 79.5050[1961 c.726 §79.5050; 1973 c.504 §35; 1981 c.573 §1; repealed by 2001 c.445 §187] 79.5060[1961 c.726 §79.5060; repealed by 2001 c.445 §187] 79.5070[1961 c.726 §79.5070; 1981 c.573 §2; 1995 c.618 §46; repealed by 2001 c.445 §187] 79.6010[1983 c.246 §3; renumbered 79.8010 in 1987] 79.6020[1987 c.645 §1; renumbered 80.100 in 2001] 79.6025[1999 c.715 §11; 2001 c.535 §26; renumbered 80.103 in 2001] 79.6030[1987 c.645 §4; 1999 c.464 §2; renumbered 80.106 in 2001] 79.6040[1987 c.645 §2; renumbered 80.109 in 2001] 79.6050[1987 c.645 §3; renumbered 80.112 in 2001] 79.6060[1987 c.645 §7; renumbered 80.115 in 2001] 79.6070[1987 c.645 §5; renumbered 80.118 in 2001] 79.6080[1987 c.645 §6; renumbered 80.121 in 2001] 79.6090[1987 c.645 §11; renumbered 80.124 in 2001] 79.7000[1987 c.645 §9; renumbered 80.127 in 2001] 79.7010[1987 c.645 §8; renumbered 80.130 in 2001] 79.7020[1987 c.645 §10; repealed by 1989 c.111 §15] 79.8010[Formerly 79.6010; 2001 c.445 §157; renumbered 79.0528 in 2001]

Chapter 79 — Secured Transactions

ORS 79.0340 UCC 9-340

Effectiveness of right of recoupment or setoff against deposit account. (1) Except as otherwise provided in subsection (3) of this section, a bank with which a deposit account is maintained may exercise any right of recoupment or setoff against a secured party that holds a security interest in the deposit account.

(2)

Except as otherwise provided in subsection

(3)

of this section, the application of this chapter to a security interest in a deposit account does not affect a right of recoupment or setoff of the secured party as to a deposit account maintained with the secured party.

(3)

The exercise by a bank of a setoff against a deposit account is ineffective against a secured party that holds a security interest in the deposit account which is perfected by control under ORS 79.0104 (1)(c), if the setoff is based on a claim against the debtor.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.