Oregon § 72A.5120 Lessee’s duties as to rightfully rejected goods

Oregon Statutes

§ 72A.5120 — Lessee’s duties as to rightfully rejected goods

Oregon § 72A.5120

Vol.2

Title 8Commercial Transactions

Ch. 072ALeases

This text of Oregon § 72A.5120 (Lessee’s duties as to rightfully rejected goods) 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. § 72A.5120 (2026).

Text

(1)Except as otherwise provided in ORS 72A.5110 with respect to goods that threaten to decline in value speedily and subject to any security interest of a lessee under ORS 72A.5080:

(a)The lessee, after rejection of goods in the lessee’s possession, shall hold them with reasonable care at the lessor’s or the supplier’s disposition for a reasonable time after the lessee’s seasonable notification of rejection; and

(b)If the lessor or the supplier gives no instructions within a reasonable time after notification of rejection, the lessee may store the rejected goods for the lessor’s or the supplier’s account or ship them to the lessor or the supplier or dispose of them for the lessor’s or the supplier’s account with reimbursement in the manner provided in ORS 72A.5110.

(2)If the lessee com

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(1) Except as otherwise provided in ORS 72A.5110 with respect to goods that threaten to decline in value speedily and subject to any security interest of a lessee under ORS 72A.5080:
(a) The lessee, after rejection of goods in the lessee’s possession, shall hold them with reasonable care at the lessor’s or the supplier’s disposition for a reasonable time after the lessee’s seasonable notification of rejection; and
(b) If the lessor or the supplier gives no instructions within a reasonable time after notification of rejection, the lessee may store the rejected goods for the lessor’s or the supplier’s account or ship them to the lessor or the supplier or dispose of them for the lessor’s or the supplier’s account with reimbursement in the manner provided in ORS 72A.5110.
(2) If the lessee complies with subsection (1) of this section, the lessee has no further obligations with regard to goods rightfully rejected.
(3) Action by the lessee pursuant to subsection (1) of this section is not acceptance or conversion.