2021 Oregon Revised Statutes
Chapter 079 - Secured Transactions
Section 79.0303 - UCC 9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title.


(2) Goods become covered by a certificate of title when a valid application for the certificate of title and the applicable fee are delivered to the appropriate authority. Goods cease to be covered by a certificate of title at the earlier of the time the certificate of title ceases to be effective under the law of the issuing jurisdiction or the time the goods become covered subsequently by a certificate of title issued by another jurisdiction.
(3) The local law of the jurisdiction under whose certificate of title the goods are covered governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in goods covered by a certificate of title from the time the goods become covered by the certificate of title until the goods cease to be covered by the certificate of title. [2001 c.445 §23]

Structure 2021 Oregon Revised Statutes

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 79.0103 - UCC 9-103. Purchase-money security interest; application of payments; burden of establishing.

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 79.0203 - UCC 9-203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.

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 79.0207 - UCC 9-207. Rights and duties of secured party having possession or control of collateral.

Section 79.0208 - UCC 9-208. Additional duties of secured party having control of collateral.

Section 79.0209 - UCC 9-209. Duties of secured party if account debtor has been notified of assignment.

Section 79.0210 - UCC 9-210. Request for accounting; request regarding list of collateral or statement of account.

Section 79.0301 - UCC 9-301. Law governing perfection and priority of security interests.

Section 79.0303 - UCC 9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title.

Section 79.0304 - UCC 9-304. Law governing perfection and priority of security interests in deposit accounts.

Section 79.0305 - UCC 9-305. Law governing perfection and priority of security interests in investment property.

Section 79.0306 - UCC 9-306. Law governing perfection and priority of security interests in letter-of-credit rights.

Section 79.0307 - UCC 9-307. Location of debtor.

Section 79.0308 - UCC 9-308. When security interest or agricultural lien is perfected; continuity of perfection.

Section 79.0309 - UCC 9-309. Security interest perfected upon attachment.

Section 79.0310 - UCC 9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.

Section 79.0311 - UCC 9-311. Perfection of security interests in property subject to certain statutes, regulations and treaties.

Section 79.0312 - UCC 9-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights and money; perfection by permissive filing; temporary p...

Section 79.0313 - UCC 9-313. When possession by or delivery to secured party perfects security interest without filing.

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 79.0317 - UCC 9-317. Interests that take priority over or take free of security interest or agricultural lien.

Section 79.0318 - UCC 9-318. No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.

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 79.0321 - UCC 9-321. Licensee of general intangible and lessee of goods in ordinary course of business.

Section 79.0322 - UCC 9-322. Priorities among conflicting security interests in and agricultural liens on same collateral.

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 79.0331 - UCC 9-331. Priority of rights of purchasers of instruments, documents and securities under ORS chapters 73, 77 and 78; priority of interests in financial assets and security entitlements under ORS chapter 78.

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 79.0337 - UCC 9-337. Priority of security interests in goods covered by certificate of title.

Section 79.0338 - UCC 9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.

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 79.0406 - UCC 9-406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles and promissory notes ineffective.

Section 79.0407 - UCC 9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest.

Section 79.0408 - UCC 9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.

Section 79.0409 - UCC 9-409. Restrictions on assignment of letter-of-credit rights ineffective.

Section 79.0501 - UCC 9-501. Filing office.

Section 79.0502 - UCC 9-502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.

Section 79.0503 - UCC 9-503. Name of debtor and secured party.

Section 79.0504 - UCC 9-504. Indication of collateral.

Section 79.0505 - UCC 9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions.

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 79.0508 - UCC 9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement.

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 79.0515 - UCC 9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement; renewal notice; rules.

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 79.0519 - UCC 9-519. Numbering, maintaining and indexing records; communicating information provided in records.

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 79.0601 - UCC 9-601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes.

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 79.0608 - UCC 9-608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.

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 79.0613 - UCC 9-613. Contents and form of notification before disposition of collateral: general.

Section 79.0614 - UCC 9-614. Contents and form of notification before disposition of collateral: consumer-goods transaction.

Section 79.0615 - UCC 9-615. Application of proceeds of disposition; liability for deficiency and right to surplus.

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 79.0620 - UCC 9-620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.

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.

Section 79.0628 - UCC 9-628. Nonliability and limitation on liability of secured party; liability of secondary obligor.