(a) "Request" means a record of a type described in paragraph (b), (c) or (d) of this subsection.
(b) "Request for an accounting" means a record authenticated by a debtor requesting that the recipient provide an accounting of the unpaid obligations secured by collateral and reasonably identifying the transaction or relationship that is the subject of the request.
(c) "Request regarding a list of collateral" means a record authenticated by a debtor requesting that the recipient approve or correct a list of what the debtor believes to be the collateral securing an obligation and reasonably identifying the transaction or relationship that is the subject of the request.
(d) "Request regarding a statement of account" means a record authenticated by a debtor requesting that the recipient approve or correct a statement indicating what the debtor believes to be the aggregate amount of unpaid obligations secured by collateral as of a specified date and reasonably identifying the transaction or relationship that is the subject of the request.
(2) Subject to subsections (3), (4), (5) and (6) of this section, a secured party, other than a buyer of accounts, chattel paper, payment intangibles or promissory notes or a consignor, shall comply with a request within 14 days after receipt:
(a) In the case of a request for an accounting, by authenticating and sending to the debtor an accounting; and
(b) In the case of a request regarding a list of collateral or a request regarding a statement of account, by authenticating and sending to the debtor an approval or correction.
(3) A secured party that claims a security interest in all of a particular type of collateral owned by the debtor may comply with a request regarding a list of collateral by sending to the debtor an authenticated record including a statement to that effect within 14 days after receipt.
(4) A person that receives a request regarding a list of collateral, claims no interest in the collateral when it receives the request, and claimed an interest in the collateral at an earlier time shall comply with the request within 14 days after receipt by sending to the debtor an authenticated record:
(a) Disclaiming any interest in the collateral; and
(b) If known to the recipient, providing the name and mailing address of any assignee of or successor to the recipient’s interest in the collateral.
(5) A person that receives a request for an accounting or a request regarding a statement of account, claims no interest in the obligations when it receives the request, and claimed an interest in the obligations at an earlier time shall comply with the request within 14 days after receipt by sending to the debtor an authenticated record:
(a) Disclaiming any interest in the obligations; and
(b) If known to the recipient, providing the name and mailing address of any assignee of or successor to the recipient’s interest in the obligations.
(6) A debtor is entitled without charge to one response to a request under this section during any six-month period. The secured party may require payment of a charge not exceeding $25 for each additional response. [2001 c.445 §20]
Structure 2021 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 079 - Secured Transactions
Section 79.0102 - UCC 9-102. Definitions and index of definitions.
Section 79.0104 - UCC 9-104. Control of deposit account.
Section 79.0105 - UCC 9-105. Control of electronic chattel paper.
Section 79.0106 - UCC 9-106. Control of investment property.
Section 79.0108 - UCC 9-108. Sufficiency of description.
Section 79.0109 - UCC 9-109. Scope.
Section 79.0110 - UCC 9-110. Security interests arising under ORS chapter 72 or 72A.
Section 79.0201 - UCC 9-201. General effectiveness of security agreement.
Section 79.0204 - UCC 9-204. After-acquired property; future advances.
Section 79.0205 - UCC 9-205. Use or disposition of collateral permissible.
Section 79.0206 - UCC 9-206. Security interest arising in purchase or delivery of financial asset.
Section 79.0208 - UCC 9-208. Additional duties of secured party having control of collateral.
Section 79.0301 - UCC 9-301. Law governing perfection and priority of security interests.
Section 79.0307 - UCC 9-307. Location of debtor.
Section 79.0309 - UCC 9-309. Security interest perfected upon attachment.
Section 79.0314 - UCC 9-314. Perfection by control.
Section 79.0315 - UCC 9-315. Secured party’s rights on disposition of collateral and in proceeds.
Section 79.0316 - UCC 9-316. Effect of change in governing law.
Section 79.0319 - UCC 9-319. Rights and title of consignee with respect to creditors and purchasers.
Section 79.0320 - UCC 9-320. Buyer of goods.
Section 79.0323 - UCC 9-323. Future advances.
Section 79.0324 - UCC 9-324. Priority of purchase-money security interests.
Section 79.0325 - UCC 9-325. Priority of security interests in transferred collateral.
Section 79.0326 - UCC 9-326. Priority of security interests created by new debtor.
Section 79.0327 - UCC 9-327. Priority of security interests in deposit account.
Section 79.0328 - UCC 9-328. Priority of security interests in investment property.
Section 79.0329 - UCC 9-329. Priority of security interests in letter-of-credit right.
Section 79.0330 - UCC 9-330. Priority of purchaser of chattel paper or instrument.
Section 79.0332 - UCC 9-332. Transfer of money; transfer of funds from deposit account.
Section 79.0333 - UCC 9-333. Priority of certain liens arising by operation of law.
Section 79.0334 - UCC 9-334. Priority of security interests in fixtures and crops.
Section 79.0335 - UCC 9-335. Accessions.
Section 79.0336 - UCC 9-336. Commingled goods.
Section 79.0340 - UCC 9-340. Effectiveness of right of recoupment or setoff against deposit account.
Section 79.0341 - UCC 9-341. Bank’s rights and duties with respect to deposit account.
Section 79.0401 - UCC 9-401. Alienability of debtor’s rights.
Section 79.0403 - UCC 9-403. Agreement not to assert defenses against assignee.
Section 79.0404 - UCC 9-404. Rights acquired by assignee; claims and defenses against assignee.
Section 79.0405 - UCC 9-405. Modification of assigned contract.
Section 79.0409 - UCC 9-409. Restrictions on assignment of letter-of-credit rights ineffective.
Section 79.0501 - UCC 9-501. Filing office.
Section 79.0503 - UCC 9-503. Name of debtor and secured party.
Section 79.0504 - UCC 9-504. Indication of collateral.
Section 79.0506 - UCC 9-506. Effect of errors or omissions.
Section 79.0507 - UCC 9-507. Effect of certain events on effectiveness of financing statement.
Section 79.0509 - UCC 9-509. Persons entitled to file a record.
Section 79.0510 - UCC 9-510. Effectiveness of filed record.
Section 79.0511 - UCC 9-511. Secured party of record.
Section 79.0512 - UCC 9-512. Amendment of financing statement.
Section 79.0513 - UCC 9-513. Termination statement.
Section 79.0514 - UCC 9-514. Assignment of powers of secured party of record.
Section 79.0516 - UCC 9-516. What constitutes filing; effectiveness of filing.
Section 79.0518 - UCC 9-518. Claim concerning inaccurate or wrongfully filed record.
Section 79.0520 - UCC 9-520. Acceptance and refusal to accept record.
Section 79.0522 - UCC 9-522. Maintenance and destruction of records.
Section 79.0523 - UCC 9-523. Information from filing office; sale or license of records.
Section 79.0524 - UCC 9-524. Delay by filing office.
Section 79.0525 - UCC 9-525. Fees; rules.
Section 79.0526 - UCC 9-526. Filing-office rules.
Section 79.0602 - UCC 9-602. Waiver and variance of rights and duties.
Section 79.0603 - UCC 9-603. Agreement on standards concerning rights and duties.
Section 79.0604 - UCC 9-604. Procedure if security agreement covers real property or fixtures.
Section 79.0605 - UCC 9-605. Unknown debtor or secondary obligor.
Section 79.0607 - UCC 9-607. Collection and enforcement by secured party.
Section 79.0609 - UCC 9-609. Secured party’s right to take possession after default.
Section 79.0610 - UCC 9-610. Disposition of collateral after default.
Section 79.0611 - UCC 9-611. Notification before disposition of collateral.
Section 79.0612 - UCC 9-612. Timeliness of notification before disposition of collateral.
Section 79.0616 - UCC 9-616. Explanation of calculation of surplus or deficiency.
Section 79.0617 - UCC 9-617. Rights of transferee of collateral.
Section 79.0618 - UCC 9-618. Rights and duties of certain secondary obligors.
Section 79.0619 - UCC 9-619. Transfer of record or legal title.
Section 79.0621 - UCC 9-621. Notification of proposal to accept collateral.
Section 79.0622 - UCC 9-622. Effect of acceptance of collateral.
Section 79.0623 - UCC 9-623. Right to redeem collateral.
Section 79.0624 - UCC 9-624. Waiver.
Section 79.0625 - UCC 9-625. Remedies for secured party’s failure to comply with article.
Section 79.0626 - UCC 9-626. Action in which deficiency or surplus is in issue.
Section 79.0627 - UCC 9-627. Determination of whether conduct was commercially reasonable.