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 80.121 Confirmation of existence of any effective financing statement; fee; rules

(1)

On request, the Secretary of State shall furnish to persons not registered under ORS 80.118 oral confirmation within 24 hours of the existence of any effective financing statement followed by written confirmation to any buyer of farm products buying from a debtor or commission merchant or selling agent selling for a seller covered by such statement.

(2)

The request for oral confirmation shall be in writing and shall be presented to the office of the Secretary of State during normal business hours.

(3)

Information on an effective financing statement may be furnished by telephone to the requestor of an oral confirmation.

(4)

Oral confirmation shall be followed by written confirmation from the Secretary of State within 48 hours after the oral confirmation.

(5)

The Secretary of State shall by rule prescribe the service fees for processing oral and written confirmation requests on effective financing statements.

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.