Oregon Law
Law as of Jan 1, 2024
Chapter contents
80.010Assignment of chose in action; payment by debtor without notice 80.020Effect of an assignment on a defense 80.100Definitions for ORS 80.100 to 80.130 80.101Approved unique identifiers 80.103Filing of statements in electronic format; rules 80.106Establishment of central filing system for farm products; fees; rules 80.109Protection of buyers of farm products, commission merchants and selling agents; exception 80.112When buyer of farm product, commission merchant and selling agent subject to security interest in farm product created by seller 80.115Requirements for effective financing statement; amendment; duration; lapse; fee; rules 80.118Master list of farm products; list of buyers, commission merchants and selling agents; distribution of master list; fee; rules 80.121Confirmation of existence of any effective financing statement; fee; rules 80.124Courtesy notice 80.127Place to file effective financing statement 80.130Place to register as buyer of farm product, commission merchant or selling agent; duration of registration; fee; rules

Chapter 80 — Assignment; Central Filing System for Farm Products

ORS 80.109 Protection of buyers of farm products, commission merchants and selling agents; exception

Except as provided in ORS 80.112, a buyer who in the ordinary course of business buys farm products from a seller engaged in farming operations shall take free of a security interest created by the seller, and a commission merchant or selling agent who sells in the ordinary course of business farm products for others shall not be subject to a security interest created by the seller in such products, even though the security interest is perfected and the buyer or commission merchant or selling agent knows of the existence of such interest.

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.