Oregon § 81.254 Confirmation of existence of any effective financing statement; fee; rules

Oregon Statutes

§ 81.254 — Confirmation of existence of any effective financing statement; fee; rules

Oregon § 81.254

Vol.2

Title 8Commercial Transactions

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

This text of Oregon § 81.254 (Confirmation of existence of any effective financing statement; fee; rules) 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. § 81.254 (2026).

Text

(1)On request, the Secretary of State shall furnish to persons not registered under ORS 81.251 oral confirmation within 24 hours of the existence of any effective financing statement followed by written confirmation to any buyer of farm products buying from a debtor or commission merchant or selling agent selling for a seller covered by such statement.

(2)The request for oral confirmation shall be in writing and shall be presented to the office of the Secretary of State during normal business hours.

(3)Information on an effective financing statement may be furnished by telephone to the requestor of an oral confirmation.

(4)Oral confirmation shall be followed by written confirmation from the Secretary of State within 48 hours after the oral confirmation.

(5)The Secretary of State shall

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(1) On request, the Secretary of State shall furnish to persons not registered under ORS 81.251 oral confirmation within 24 hours of the existence of any effective financing statement followed by written confirmation to any buyer of farm products buying from a debtor or commission merchant or selling agent selling for a seller covered by such statement.
(2) The request for oral confirmation shall be in writing and shall be presented to the office of the Secretary of State during normal business hours.
(3) Information on an effective financing statement may be furnished by telephone to the requestor of an oral confirmation.
(4) Oral confirmation shall be followed by written confirmation from the Secretary of State within 48 hours after the oral confirmation.
(5) The Secretary of State shall by rule prescribe the service fees for processing oral and written confirmation requests on effective financing statements.