Secured Transactions

ORS 79.0401
UCC 9-401

(1)

Except as otherwise provided in subsection (2) of this section and ORS 79.0406 (UCC 9-406), 79.0407 (UCC 9-407), 79.0408 (UCC 9-408) and 79.0409 (UCC 9-409), whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter.

(2)

An agreement between the debtor and secured party which prohibits a transfer of the debtor’s rights in collateral or makes the transfer a default does not prevent the transfer from taking effect. [2001 c.445 §63]
Source

Last accessed
May 30, 2023

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