Oregon § 475C.880 Rights of secured parties

Oregon Statutes

§ 475C.880 — Rights of secured parties

Oregon § 475C.880

Vol.14

Title 37Alcoholic Liquors; Controlled Substances; Drugs

Ch. 475CCannabis Regulation

This text of Oregon § 475C.880 (Rights of secured parties) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 475C.880 (2026).

Text

(1)In the event that a marijuana processing site or a medical marijuana dispensary is foreclosed or otherwise ceases operations as described in ORS chapter 79A, a secured party, as defined in ORS 79A.1020, may continue operations at the marijuana processing site or medical marijuana dispensary upon submitting to the Oregon Health Authority proof that the secured party or, if the secured party is a business entity, any individual who has a financial interest in the secured party, meets the requirements and restrictions set forth in:

(a)For marijuana processing sites, ORS 475C.815 (2)(d) and (4); or

(b)For medical marijuana dispensaries, ORS 475C.833 (2)(d) and (4).

(2)The authority may prescribe the form and manner of submitting proof under subsection (1) of this section. [Formerly 475B

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(1) In the event that a marijuana processing site or a medical marijuana dispensary is foreclosed or otherwise ceases operations as described in ORS chapter 79A, a secured party, as defined in ORS 79A.1020, may continue operations at the marijuana processing site or medical marijuana dispensary upon submitting to the Oregon Health Authority proof that the secured party or, if the secured party is a business entity, any individual who has a financial interest in the secured party, meets the requirements and restrictions set forth in:
(a) For marijuana processing sites, ORS 475C.815 (2)(d) and (4); or
(b) For medical marijuana dispensaries, ORS 475C.833 (2)(d) and (4).
(2) The authority may prescribe the form and manner of submitting proof under subsection (1) of this section. [Formerly 475B.904]
(Protections From Civil and Criminal Liability)