Chapter 79A — Secured Transactions
ORS 79A.1090 UCC 9-109. Scope
Except as otherwise provided in subsections (3) and (4) of this section, this chapter applies to:
A transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract;
An agricultural lien;
A sale of accounts, chattel paper, payment intangibles or promissory notes;
A consignment;
The application of this chapter to a security interest in a secured obligation is not affected by the fact that the obligation is itself secured by a transaction or interest to which this chapter does not apply.
This chapter does not apply to the extent that:
A statute, regulation or treaty of the United States preempts this chapter;
Another statute of this state expressly governs the creation, perfection, priority or enforcement of a security interest created by this state or a governmental unit of this state;
A statute of another state, a foreign country, or a governmental unit of another state or a foreign country, other than a statute generally applicable to security interests, expressly governs creation, perfection, priority, or enforcement of a security interest created by the state, country, or governmental unit;
The rights of a transferee beneficiary or nominated person under a letter of credit are independent and superior under ORS 75.1140; or
This chapter does not apply to:
A landlord’s lien, other than an agricultural lien;
A lien, other than an agricultural lien, given by statute or other rule of law for services or materials, but ORS 79A.3330 applies with respect to priority of the lien;
An assignment of a claim for wages, salary or other compensation of an employee;
A sale of accounts, chattel paper, payment intangibles or promissory notes as part of a sale of the business out of which they arose;
An assignment of accounts, chattel paper, payment intangibles or promissory notes which is for the purpose of collection only;
An assignment of a right to payment under a contract to an assignee that is also obligated to perform under the contract;
An assignment of a single account, payment intangible or promissory note to an assignee in full or partial satisfaction of a preexisting indebtedness;
A transfer of an interest in or an assignment of a claim under a policy of insurance, other than an assignment by or to a health-care provider of a health-care-insurance receivable and any subsequent assignment of the right to payment, but ORS 79A.3150 and 79A.3220 apply with respect to proceeds and priorities in proceeds;
An assignment of a right represented by a judgment, other than a judgment taken on a right to payment that was collateral;
A right of recoupment or setoff, but:
ORS 79A.3400 applies with respect to the effectiveness of rights of recoupment or setoff against deposit accounts; and
ORS 79A.4040 applies with respect to defenses or claims of an account debtor;
The creation or transfer of an interest in or lien on real property, including a lease or rents thereunder, or a seller’s or purchaser’s interest in a land sale contract and the proceeds thereof, except to the extent that provision is made for:
Fixtures in ORS 79A.3340;
Security agreements covering personal and real property in ORS 79A.6040;
An assignment, in a consumer transaction, of a deposit account from which, under the terms of the account agreement, third party payments may be made by means of a check, draft, negotiable order of withdrawal or other order, but ORS 79A.3150 and 79A.3220 apply with respect to proceeds and priorities in proceeds.
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Provenance
2025 Oregon Revised Statutes — official online source
Official online edition
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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.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source