Oregon § 81.242 Protection of buyers of farm products, commission merchants and selling agents; exception

Oregon Statutes

§ 81.242 — Protection of buyers of farm products, commission merchants and selling agents; exception

Oregon § 81.242

Vol.2

Title 8Commercial Transactions

Ch. 81Tender and Receipts; Choice of Forum in Contracts; Assignment; Central

This text of Oregon § 81.242 (Protection of buyers of farm products, commission merchants and selling agents; exception) 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. § 81.242 (2026).

Text

Except as provided in ORS 81.245, a buyer who in the ordinary course of business buys farm products from a seller engaged in farming operations shall take free of a security interest created by the seller, and a commission merchant or selling agent who sells in the ordinary course of business farm products for others shall not be subject to a security interest created by the seller in such products, even though the security interest is perfected and the buyer or commission merchant or selling agent knows of the existence of such interest.

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Except as provided in ORS 81.245, a buyer who in the ordinary course of business buys farm products from a seller engaged in farming operations shall take free of a security interest created by the seller, and a commission merchant or selling agent who sells in the ordinary course of business farm products for others shall not be subject to a security interest created by the seller in such products, even though the security interest is perfected and the buyer or commission merchant or selling agent knows of the existence of such interest.