Oregon Statutes - Chapter 79 - Secured Transactions

79.0101 UCC 9-101. Short title.
This chapter may be cited as Uniform Commercial Code�Secured Transactions. [2001 c.445 §1]
79.0102 UCC 9-102. Definitions and index of definitions.
(1) As used in this chapter: (a) �Accession� means goods that are physically united with other goods in such a manner that the identity of...
79.0103 UCC 9-103. Purchase-money security interest; application of payments; burden of establishing.
(1) As used in this section: (a) �Purchase-money collateral� means goods or software that secures a purchase-money obligation incurred with respect to that collateral; and...
79.0104 UCC 9-104. Control of deposit account.
(1) A secured party has control of a deposit account if: (a) The secured party is the bank with which the deposit account is maintained;...
79.0105 UCC 9-105. Control of electronic chattel paper.
A secured party has control of electronic chattel paper if the record or records comprising the chattel paper are created, stored and assigned in such...
79.0106 UCC 9-106. Control of investment property.
(1) A person has control of a certificated security, uncertificated security or security entitlement as provided in ORS 78.1060. (2) A secured party has control...
79.0107 UCC 9-107. Control of letter-of-credit right.
A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any nominated...
79.0108 UCC 9-108. Sufficiency of description.
(1) Except as otherwise provided in subsections (3), (4) and (5) of this section, a description of personal or real property is sufficient, whether or...
79.0109 UCC 9-109. Scope.
(1) Except as otherwise provided in subsections (3) and (4) of this section, this chapter applies to: (a) A transaction, regardless of its form, that...
79.0110 UCC 9-110. Security interests arising under ORS chapter 72 or 72A.
A security interest arising under ORS 72.4010, 72.5050, 72.7110 (3) or 72A.5080 (5) is subject to this chapter. However, until the debtor obtains possession of...
79.0201 UCC 9-201. General effectiveness of security agreement.
(1) Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers of...
79.0202 UCC 9-202. Title to collateral immaterial.
Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles or promissory notes, the provisions of this chapter with...
79.0203 UCC 9-203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
(1) A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones the...
79.0204 UCC 9-204. After-acquired property; future advances.
(1) Except as otherwise provided in subsection (2) of this section, a security agreement may create or provide for a security interest in after-acquired collateral....
79.0205 UCC 9-205. Use or disposition of collateral permissible.
(1) A security interest is not invalid or fraudulent against creditors solely because: (a) The debtor has the right or ability to: (A) Use, commingle...
79.0206 UCC 9-206. Security interest arising in purchase or delivery of financial asset.
(1) A security interest in favor of a securities intermediary attaches to a person�s security entitlement if: (a) The person buys a financial asset through...
79.0207 UCC 9-207. Rights and duties of secured party having possession or control of collateral.
(1) Except as otherwise provided in subsection (4) of this section, a secured party shall use reasonable care in the custody and preservation of collateral...
79.0208 UCC 9-208. Additional duties of secured party having control of collateral.
(1) This section applies to cases in which there is no outstanding secured obligation and the secured party is not committed to make advances, incur...
79.0209 UCC 9-209. Duties of secured party if account debtor has been notified of assignment.
(1) Except as otherwise provided in subsection (3) of this section, this section applies if: (a) There is no outstanding secured obligation; and (b) The...
79.0210 UCC 9-210. Request for accounting; request regarding list of collateral or statement of account.
(1) As used in this section: (a) �Request� means a record of a type described in paragraph (b), (c) or (d) of this subsection. (b)...
79.0301 UCC 9-301. Law governing perfection and priority of security interests.
Except as otherwise provided in ORS 79.0303 to 79.0306, the following rules determine the law governing perfection, the effect of perfection or nonperfection and the...
79.0302 UCC 9-302. Law governing perfection and priority of agricultural liens.
While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection and the priority...
79.0303 UCC 9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title.
(1) This section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose certificate...
79.0304 UCC 9-304. Law governing perfection and priority of security interests in deposit accounts.
(1) The local law of a bank�s jurisdiction governs perfection, the effect of perfection or nonperfection and the priority of a security interest in a...
79.0305 UCC 9-305. Law governing perfection and priority of security interests in investment property.
(1) Except as otherwise provided in subsection (3) of this section, the following rules apply: (a) While a security certificate is located in a jurisdiction,...
79.0306 UCC 9-306. Law governing perfection and priority of security interests in letter-of-credit rights.
(1) Subject to subsection (3) of this section, the local law of the issuer�s jurisdiction or a nominated person�s jurisdiction governs perfection, the effect of...
79.0307 UCC 9-307. Location of debtor.
(1) As used in this section, �place of business� means a place where a debtor conducts its affairs. (2) Except as otherwise provided in this...
79.0308 UCC 9-308. When security interest or agricultural lien is perfected; continuity of perfection.
(1) Except as otherwise provided in this section and ORS 79.0309, a security interest is perfected if it has attached and all of the applicable...
79.0309 UCC 9-309. Security interest perfected upon attachment.
The following security interests are perfected when they attach: (1) A purchase-money security interest in consumer goods, except as otherwise provided in ORS 79.0311 (2)...
79.0310 UCC 9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
(1) Except as otherwise provided in subsection (2) of this section and ORS 79.0312 (2), a financing statement must be filed to perfect all security...
79.0311 UCC 9-311. Perfection of security interests in property subject to certain statutes, regulations and treaties.
(1) Except as otherwise provided in subsection (4) of this section, the filing of a financing statement is not necessary or effective to perfect a...
79.0312 UCC 9-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.
(1) A security interest in chattel paper, negotiable documents, instruments or investment property may be perfected by filing. Except for goods in which filing is...
79.0313 UCC 9-313. When possession by or delivery to secured party perfects security interest without filing.
(1) Except as otherwise provided in subsection (2) of this section, a secured party may perfect a security interest in negotiable documents, goods, instruments, money...
79.0314 UCC 9-314. Perfection by control.
(1) A security interest in investment property, deposit accounts, letter-of-credit rights or electronic chattel paper may be perfected by control of the collateral under ORS...
79.0315 UCC 9-315. Secured party�s rights on disposition of collateral and in proceeds.
(1) Except as otherwise provided in this chapter and in ORS 72.4030 (2): (a) A security interest or agricultural lien continues in collateral notwithstanding sale,...
79.0316 UCC 9-316. Continued perfection of security interest following change in governing law.
(1) A security interest perfected pursuant to the law of the jurisdiction designated in ORS 79.0301 (1) or 79.0305 (3) remains perfected until the earliest...
79.0317 UCC 9-317. Interests that take priority over or take free of security interest or agricultural lien.
(1) A security interest or agricultural lien is subordinate to the rights of: (a) A person entitled to priority under ORS 79.0322; and (b) Except...
79.0318 UCC 9-318. No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.
(1) A debtor that has sold an account, chattel paper, payment intangible or promissory note does not retain a legal or equitable interest in the...
79.0319 UCC 9-319. Rights and title of consignee with respect to creditors and purchasers.
(1) Except as otherwise provided in subsection (2) of this section, for purposes of determining the rights of creditors of, and purchasers for value of...
79.0320 UCC 9-320. Buyer of goods.
(1) Except as otherwise provided in subsection (5) of this section, a buyer in ordinary course of business, other than a person buying farm products...
79.0321 UCC 9-321. Licensee of general intangible and lessee of goods in ordinary course of business.
(1) As used in this section, �licensee in ordinary course of business� means a person that becomes a licensee of a general intangible in good...
79.0322 UCC 9-322. Priorities among conflicting security interests in and agricultural liens on same collateral.
(1) Except as otherwise provided in this section, priority among conflicting security interests and agricultural liens in the same collateral is determined according to the...
79.0323 UCC 9-323. Future advances.
(1) Except as otherwise provided in subsection (3) of this section, for purposes of determining the priority of a perfected security interest under ORS 79.0322...
79.0324 UCC 9-324. Priority of purchase-money security interests.
(1) Except as otherwise provided in subsection (7) of this section, a perfected purchase-money security interest in goods other than inventory or livestock has priority...
79.0325 UCC 9-325. Priority of security interests in transferred collateral.
(1) Except as otherwise provided in subsection (2) of this section, a security interest created by a debtor is subordinate to a security interest in...
79.0326 UCC 9-326. Priority of security interests created by new debtor.
(1) Subject to subsection (2) of this section, a security interest created by a new debtor which is perfected by a filed financing statement that...
79.0327 UCC 9-327. Priority of security interests in deposit account.
The following rules govern priority among conflicting security interests in the same deposit account: (1) A security interest held by a secured party having control...
79.0328 UCC 9-328. Priority of security interests in investment property.
The following rules govern priority among conflicting security interests in the same investment property: (1) A security interest held by a secured party having control...
79.0329 UCC 9-329. Priority of security interests in letter-of-credit right.
The following rules govern priority among conflicting security interests in the same letter-of-credit right: (1) A security interest held by a secured party having control...
79.0330 UCC 9-330. Priority of purchaser of chattel paper or instrument.
(1) A purchaser of chattel paper has priority over a security interest in the chattel paper which is claimed merely as proceeds of inventory subject...
79.0331 UCC 9-331. Priority of rights of purchasers of instruments, documents and securities under ORS chapters 73, 77 and 78; priority of interests in financial assets and security entitlements under ORS chapter 78.
(1) This chapter does not limit the rights of a holder in due course of a negotiable instrument, a holder to which a negotiable document...
79.0332 UCC 9-332. Transfer of money; transfer of funds from deposit account.
(1) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the...
79.0333 UCC 9-333. Priority of certain liens arising by operation of law.
(1) As used in this section, �possessory lien� means an interest, other than a security interest or an agricultural lien: (a) Which secures payment or...
79.0334 UCC 9-334. Priority of security interests in fixtures and crops.
(1) A security interest under this chapter may be created in goods that are fixtures or may continue in goods that become fixtures. A security...
79.0335 UCC 9-335. Accessions.
(1) A security interest may be created in an accession and continues in collateral that becomes an accession. (2) If a security interest is perfected...
79.0336 UCC 9-336. Commingled goods.
(1) As used in this section, �commingled goods� means goods that are physically united with other goods in such a manner that their identity is...
79.0337 UCC 9-337. Priority of security interests in goods covered by certificate of title.
If, while a security interest in goods is perfected by any method under the law of another jurisdiction, this state issues a certificate of title...
79.0338 UCC 9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
Except for information on the jurisdiction of organization for an organization that is not a registered organization, if a security interest or agricultural lien is...
79.0339 UCC 9-339. Priority subject to subordination.
This chapter does not preclude subordination by agreement by a person entitled to priority. [2001 c.445 §59] (Rights of Bank)
79.0340 UCC 9-340. Effectiveness of right of recoupment or setoff against deposit account.
(1) Except as otherwise provided in subsection (3) of this section, a bank with which a deposit account is maintained may exercise any right of...
79.0341 UCC 9-341. Bank�s rights and duties with respect to deposit account.
Except as otherwise provided in ORS 79.0340 (3), and unless the bank otherwise agrees in an authenticated record, a bank�s rights and duties with respect...
79.0342 UCC 9-342. Bank�s right to refuse to enter into or disclose existence of control agreement.
This chapter does not require a bank to enter into an agreement of the kind described in ORS 79.0104 (1)(b), even if its customer so...
79.0401 UCC 9-401. Alienability of debtor�s rights.
(1) Except as otherwise provided in subsection (2) of this section and ORS 79.0406, 79.0407, 79.0408 and 79.0409, whether a debtor�s rights in collateral may...
79.0402 UCC 9-402. Secured party not obligated on contract of debtor or in tort.
The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject...
79.0403 UCC 9-403. Agreement not to assert defenses against assignee.
(1) As used in this section, �value� has the meaning provided in ORS 73.0303 (1). (2) Except as otherwise provided in this section, an agreement...
79.0404 UCC 9-404. Rights acquired by assignee; claims and defenses against assignee.
(1) Unless an account debtor has made an enforceable agreement not to assert defenses or claims and subject to subsections (2) to (5) of this...
79.0405 UCC 9-405. Modification of assigned contract.
(1) A modification of or substitution for an assigned contract is effective against an assignee if made in good faith. The assignee acquires corresponding rights...
79.0406 UCC 9-406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles and promissory notes ineffective.
(1) Subject to subsections (2) to (9) of this section, an account debtor on an account, chattel paper or a payment intangible may discharge its...
79.0407 UCC 9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor�s residual interest.
(1) Except as otherwise provided in subsection (2) of this section, a term in a lease agreement is ineffective to the extent that it: (a)...
79.0408 UCC 9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
(1) Except as otherwise provided in subsection (2) of this section, a term in a promissory note or in an agreement between an account debtor...
79.0409 UCC 9-409. Restrictions on assignment of letter-of-credit rights ineffective.
(1) A term in a letter of credit or a rule of law, statute, regulation, custom or practice applicable to the letter of credit which...
79.0501 UCC 9-501. Filing office.
(1) Except as otherwise provided in subsection (2) of this section, if the local law of this state governs perfection of a security interest or...
79.0502 UCC 9-502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
(1) Subject to subsection (2) of this section, a financing statement is sufficient only if it: (a) Provides the name of the debtor; (b) Provides...
79.0503 UCC 9-503. Name of debtor and secured party.
(1) A financing statement sufficiently provides the name of the debtor: (a) If the debtor is a registered organization, only if the financing statement provides...
79.0504 UCC 9-504. Indication of collateral.
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides: (1) A description of the collateral pursuant to ORS 79.0108;...
79.0505 UCC 9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions.
(1) A consignor, lessor or other bailor of goods, a licensor or a buyer of a payment intangible or promissory note may file a financing...
79.0506 UCC 9-506. Effect of errors or omissions.
(1) A financing statement substantially satisfying the requirements of ORS 79.0501 to 79.0528 is effective, even if it has minor errors or omissions, unless the...
79.0507 UCC 9-507. Effect of certain events on effectiveness of financing statement.
(1) A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed or otherwise disposed of and in which a...
79.0508 UCC 9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement.
(1) Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral...
79.0509 UCC 9-509. Persons entitled to file a record.
(1) A person may file an initial financing statement, amendment that adds collateral covered by a financing statement, or amendment that adds a debtor to...
79.0510 UCC 9-510. Effectiveness of filed record.
(1) A filed record is effective only to the extent that it was filed by a person that may file it under ORS 79.0509. (2)...
79.0511 UCC 9-511. Secured party of record.
(1) A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured...
79.0512 UCC 9-512. Amendment of financing statement.
(1) Subject to ORS 79.0509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (5)...
79.0513 UCC 9-513. Termination statement.
(1) A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if...
79.0514 UCC 9-514. Assignment of powers of secured party of record.
(1) Except as otherwise provided in subsection (3) of this section, an initial financing statement may reflect an assignment of all of the secured party�s...
79.0515 UCC 9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement; renewal notice.
(1) Except as otherwise provided in subsections (2), (5), (6) and (7) of this section, a filed financing statement is effective for a period of...
79.0516 UCC 9-516. What constitutes filing; effectiveness of filing.
(1) Except as otherwise provided in subsection (2) of this section, communication of a record to and receipt by a filing office and tender of...
79.0517 UCC 9-517. Effect of indexing errors.
The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record. [2001 c.445 §88]
79.0518 UCC 9-518. Claim concerning inaccurate or wrongfully filed record.
(1) A person may file in the filing office a correction statement with respect to a record indexed there under the person�s name if the...
79.0519 UCC 9-519. Numbering, maintaining and indexing records; communicating information provided in records.
(1) For each record filed in a filing office, the filing office shall: (a) Assign a unique number to the filed record; (b) Create a...
79.0520 UCC 9-520. Acceptance and refusal to accept record.
(1) A filing office shall refuse to accept a record for filing for a reason set forth in ORS 79.0516 (2) and may refuse to...
79.0521 UCC 9-521. Uniform form of written financing statement and amendment.
(1) A filing office that accepts written records may not refuse to accept a written initial financing statement in the form and format set forth...
79.0522 UCC 9-522. Maintenance and destruction of records.
(1) The filing office shall maintain a record of the information provided in a filed financing statement for at least one year after the effectiveness...
79.0523 UCC 9-523. Information from filing office; sale or license of records.
(1) If a person that files a written record requests an acknowledgment of the filing, the filing office shall send an image of the record...
79.0524 UCC 9-524. Delay by filing office.
Delay by the filing office beyond a time limit prescribed by ORS 79.0501 to 79.0528 is excused if: (1) The delay is caused by interruption...
79.0525 UCC 9-525. Fees; rules.
(1) Except as otherwise provided in subsection (4) of this section, the nonrefundable fee for filing and indexing a record under ORS 79.0501 to 79.0528...
79.0526 UCC 9-526. Filing-office rules.
(1) The Secretary of State shall adopt and publish rules applicable to its filing procedures, processes and operations to implement this chapter. The filing-office rules...
79.0527 UCC 9-527. Duty to report.
The Secretary of State shall report to the Legislative Assembly on or before January 15 of each odd-numbered year regarding the operation of the filing...
79.0528 Liability of Secretary of State.
Except as provided in ORS 30.260 to 30.300, the Secretary of State and the secretary�s officers and employees shall not be liable to debtors, secured...
79.0601 UCC 9-601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes.
(1) After default, a secured party has the rights provided in ORS 79.0601 to 79.0628 and, except as otherwise provided in ORS 79.0602, those provided...
79.0602 UCC 9-602. Waiver and variance of rights and duties.
Except as otherwise provided in ORS 79.0624, to the extent that they give rights to a debtor or obligor and impose duties on a secured...
79.0603 UCC 9-603. Agreement on standards concerning rights and duties.
(1) The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a...
79.0604 UCC 9-604. Procedure if security agreement covers real property or fixtures.
(1) If a security agreement covers both personal and real property, a secured party may proceed: (a) Under ORS 79.0601 to 79.0628 as to the...
79.0605 UCC 9-605. Unknown debtor or secondary obligor.
A secured party does not owe a duty based on its status as secured party: (1) To a person that is a debtor or obligor,...
79.0606 UCC 9-606. Time of default for agricultural lien.
For purposes of ORS 79.0601 to 79.0628, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to...
79.0607 UCC 9-607. Collection and enforcement by secured party.
(1) If so agreed, and in any event after default, a secured party: (a) May notify an account debtor or other person obligated on collateral...
79.0608 UCC 9-608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
(1) If a security interest or agricultural lien secures payment or performance of an obligation, the following rules apply: (a) A secured party shall apply...
79.0609 UCC 9-609. Secured party�s right to take possession after default.
(1) After default, a secured party: (a) May take possession of the collateral; and (b) Without removal, may render equipment unusable and dispose of collateral...
79.0610 UCC 9-610. Disposition of collateral after default.
(1) After default, a secured party may sell, lease, license or otherwise dispose of any or all of the collateral in its present condition or...
79.0611 UCC 9-611. Notification before disposition of collateral.
(1) As used in this section, �notification date� means the earlier of the date on which: (a) A secured party sends to the debtor and...
79.0612 UCC 9-612. Timeliness of notification before disposition of collateral.
(1) Except as otherwise provided in subsection (2) of this section, a notification of disposition sent after default and 15 days or more before the...
79.0613 UCC 9-613. Contents and form of notification before disposition of collateral: general.
Except in a consumer-goods transaction, the following rules apply: (1) The contents of a notification of disposition are sufficient if the notification: (a) Indicates the...
79.0614 UCC 9-614. Contents and form of notification before disposition of collateral: consumer-goods transaction.
In a consumer-goods transaction, the following rules apply: (1) A notification of disposition must provide the following information: (a) The information specified in ORS 79.0613...
79.0615 UCC 9-615. Application of proceeds of disposition; liability for deficiency and right to surplus.
(1) A secured party shall apply or pay over for application the cash proceeds of disposition under ORS 79.0610 in the following order to: (a)...
79.0616 UCC 9-616. Explanation of calculation of surplus or deficiency.
(1) As used in this section: (a) �Explanation� means a writing that: (A) States the amount of the surplus or deficiency; (B) Provides an explanation...
79.0617 UCC 9-617. Rights of transferee of collateral.
(1) A secured party�s disposition of collateral after default: (a) Transfers to a transferee for value all of the debtor�s rights in the collateral; (b)...
79.0618 UCC 9-618. Rights and duties of certain secondary obligors.
(1) A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor: (a) Receives an...
79.0619 UCC 9-619. Transfer of record or legal title.
(1) As used in this section, �transfer statement� means a record authenticated by a secured party stating: (a) That the debtor has defaulted in connection...
79.0620 UCC 9-620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
(1) Except as otherwise provided in subsection (7) of this section, a secured party may accept collateral in full or partial satisfaction of the obligation...
79.0621 UCC 9-621. Notification of proposal to accept collateral.
(1) A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to: (a)...
79.0622 UCC 9-622. Effect of acceptance of collateral.
(1) A secured party�s acceptance of collateral in full or partial satisfaction of the obligation it secures: (a) Discharges the obligation to the extent consented...
79.0623 UCC 9-623. Right to redeem collateral.
(1) A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral. (2) To redeem collateral, a person shall tender: (a)...
79.0624 UCC 9-624. Waiver.
(1) A debtor or secondary obligor may waive the right to notification of disposition of collateral under ORS 79.0611 only by an agreement to that...
79.0625 UCC 9-625. Remedies for secured party�s failure to comply with article.
(1) If it is established that a secured party is not proceeding in accordance with this chapter, a court may order or restrain collection, enforcement...
79.0626 UCC 9-626. Action in which deficiency or surplus is in issue.
(1) In an action arising from a transaction, other than a consumer transaction, in which the amount of a deficiency or surplus is in issue,...
79.0627 UCC 9-627. Determination of whether conduct was commercially reasonable.
(1) The fact that a greater amount could have been obtained by a collection, enforcement, disposition or acceptance at a different time or in a...
79.0628 UCC 9-628. Nonliability and limitation on liability of secured party; liability of secondary obligor.
(1) Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person and knows how to communicate...
79.1010 [1961 c.726 §79.1010; repealed by 2001 c.445 §187]
79.1020 [1961 c.726 §79.1020; 1973 c.504 §5; repealed by 2001 c.445 §187]
79.1030 [1961 c.726 §79.1030; 1973 c.504 §6; 1985 c.676 §79.1030; 1995 c.328 §53; 1997 c.150 §21; repealed by 2001 c.445 §187]
79.1040 [1961 c.726 §79.1040; 1973 c.504 §7; 1989 c.567 §1; 1993 c.390 §1; 1997 c.150 §22; repealed by 2001 c.445 §187]
79.1050 [1961 c.726 §79.1050; 1963 c.402 §10; 1973 c.504 §8; 1985 c.676 §79.1050; 1989 c.813 §3; 1993 c.545 §121; 1995 c.328 §54; 1997 c.150 §23; 1999 c.59 §17; repealed by 2001 c.445 §187]
79.1060 [1961 c.726 §79.1060; 1973 c.504 §9; 1995 c.328 §55; 1997 c.150 §24; repealed by 2001 c.445 §187]
79.1070 [1961 c.726 §79.1070; repealed by 2001 c.445 §187]
79.1080 [1961 c.726 §79.1080; repealed by 2001 c.445 §187]
79.1090 [1961 c.726 §79.1090; repealed by 2001 c.445 §187]
79.1100 [1961 c.726 §79.1100; 1999 c.715 §3; repealed by 2001 c.445 §187]
79.1110 [1961 c.726 §79.1110; repealed by 1991 c.83 §1]
79.1120 [1961 c.726 §79.1120; repealed by 2001 c.445 §187]
79.1130 [1961 c.726 §79.1130; 1989 c.676 §82; repealed by 2001 c.445 §187]
79.1150 [1995 c.328 §56; repealed by 2001 c.445 §187]
79.1160 [1995 c.328 §57; repealed by 2001 c.445 §187]
79.2010 [1961 c.726 §79.2010; repealed by 2001 c.445 §187]
79.2020 [1961 c.726 §79.2020; repealed by 2001 c.445 §187]
79.2030 [1961 c.726 §79.2030; 1973 c.504 §11; 1985 c.676 §79.2030; 1995 c.79 §28; 1995 c.328 §58; repealed by 2001 c.445 §187]
79.2040 [1961 c.726 §79.2040; 1963 c.402 §5; 1973 c.504 §12; repealed by 2001 c.445 §187]
79.2050 [1961 c.726 §79.2050; 1973 c.504 §13; repealed by 2001 c.445 §187]
79.2060 [1961 c.726 §79.2060; repealed by 2001 c.445 §187]
79.2070 [1961 c.726 §79.2070; repealed by 2001 c.445 §187]
79.2080 [1961 c.726 §79.2080; repealed by 2001 c.445 §187]
79.3010 [1961 c.726 §79.3010; 1973 c.504 §14; 1983 c.394 §1; 1985 c.765 §79.3010; 1989 c.813 §1; 1991 c.937 §1; 1995 c.328 §59; repealed by 2001 c.445 §187]
79.3015 [1973 c.504 §10; repealed by 2001 c.445 §187]
79.3020 [1961 c.726 §79.3020; 1965 c.209 §1; 1967 c.395 §2; 1969 c.386 §1; 1973 c.504 §15; 1985 c.16 §445; 1985 c.676 §79.3020; 1989 c.111 §9; 1993 c.390 §2; 1995 c.79 §29; 1995 c.328 §60; repealed by 2001 c.445 §187]
79.3030 [1961 c.726 §79.3030; repealed by 2001 c.445 §187]
79.3040 [1961 c.726 §79.3040; 1973 c.504 §16; 1985 c.676 §79.3040; 1995 c.328 §61; 1997 c.150 §25; repealed by 2001 c.445 §187]
79.3050 [1961 c.726 §79.3050; 1973 c.504 §17; 1985 c.676 §79.3050; 1995 c.328 §62; 1997 c.150 §26; repealed by 2001 c.445 §187]
79.3060 [1961 c.726 §79.3060; 1973 c.504 §18; 1995 c.328 §63; repealed by 2001 c.445 §187]
79.3070 [1961 c.726 §79.3070; 1973 c.504 §19; repealed by 2001 c.445 §187]
79.3080 [1961 c.726 §79.3080; 1973 c.504 §20; repealed by 2001 c.445 §187]
79.3090 [1961 c.726 §79.3090; 1985 c.676 §79.3090; 1993 c.545 §122; 1995 c.328 §64; repealed by 2001 c.445 §187]
79.3100 [1961 c.726 §79.3100; repealed by 2001 c.445 §187]
79.3110 [1961 c.726 §79.3110; repealed by 2001 c.445 §187]
79.3120 [1961 c.726 §79.3120; 1973 c.504 §21; 1983 c.394 §2; 1985 c.676 §79.3120; 1985 c.765 §2; 1989 c.813 §2; 1991 c.937 §2; 1993 c.390 §3; 1995 c.79 §30; 1995 c.328 §65; repealed by 2001 c.445 §187]
79.3130 [1961 c.726 §79.3130; 1973 c.504 §22; 1993 c.155 §3; 1999 c.645 §1; repealed by 2001 c.445 §187]
79.3132 [1999 c.715 §2; repealed by 2001 c.445 §187]
79.3140 [1961 c.726 §79.3140; repealed by 2001 c.445 §187]
79.3150 [1961 c.726 §79.3150; repealed by 2001 c.445 §187]
79.3160 [1961 c.726 §79.3160; repealed by 2001 c.445 §187]
79.3170 [1961 c.726 §79.3170; repealed by 2001 c.445 §187]
79.3180 [1961 c.726 §79.3180; 1973 c.504 §23; repealed by 2001 c.445 §187]
79.4010 [1961 c.726 §79.4010; 1963 c.402 §6; 1973 c.504 §24; 1975 c.703 §3; 1977 c.452 §1; repealed by 2001 c.445 §187]
79.4015 [1977 c.452 §3; repealed by 1989 c.111 §14]
79.4016 [1999 c.715 §9; repealed by 2001 c.445 §187]
79.4020 [1961 c.726 §79.4020; 1963 c.402 §7; 1973 c.504 §25; 1987 c.552 §1; 1989 c.111 §1; 1991 c.134 §1; repealed by 2001 c.445 §187]
79.4023 [1973 c.504 §31; repealed by 2001 c.445 §187]
79.4025 [1963 c.370 §§1, 2; 1977 c.452 §2; 1989 c.111 §2; 1993 c.155 §1; 1999 c.464 §1; 1999 c.715 §4; repealed by 2001 c.445 §187]
79.4030 [1961 c.726 §79.4030; 1963 c.402 §8; 1971 c.621 §13; 1973 c.504 §26; 1975 c.607 §15; 1979 c.833 §16; 1981 c.835 §6; 1987 c.552 §2; 1989 c.111 §3; 1993 c.155 §2; repealed by 2001 c.445 §187]
79.4040 [1961 c.726 §79.4040; 1971 c.621 §14; 1973 c.504 §27; 1975 c.607 §16; 1979 c.833 §17; 1981 c.835 §7; 1989 c.111 §4; repealed by 2001 c.445 §187]
79.4050 [1961 c.726 §79.4050; 1971 c.621 §15; 1973 c.504 §28; 1975 c.607 §17; 1979 c.833 §18; 1981 c.835 §8; 1989 c.111 §5; repealed by 2001 c.445 §187]
79.4060 [1961 c.726 §79.4060; 1971 c.621 §16; 1973 c.504 §29; 1975 c.607 §18; 1979 c.833 §19; 1981 c.835 §9; 1989 c.111 §6; repealed by 2001 c.445 §187]
79.4070 [1961 c.726 §79.4070; 1971 c.621 §17; 1973 c.504 §30; 1975 c.607 §19; 1979 c.833 §20; 1981 c.835 §10; 1983 c.246 §1; 1985 c.469 §79.4070; 1989 c.111 §7; 1999 c.715 §5; repealed by 2001 c.445 §187]
79.4080 [1979 c.548 §2; 1989 c.111 §8; repealed by 2001 c.445 §187]
79.4090 [1979 c.548 §3; 1983 c.220 §3; 1989 c.111 §13; 1993 c.66 §8; repealed by 2001 c.445 §187]
79.5010 [1961 c.726 §79.5010; 1973 c.504 §32; repealed by 2001 c.445 §187]
79.5020 [1961 c.726 §79.5020; 1973 c.504 §33; repealed by 2001 c.445 §187]
79.5030 [1961 c.726 §79.5030; repealed by 2001 c.445 §187]
79.5040 [1961 c.726 §79.5040; 1973 c.504 §34; repealed by 2001 c.445 §187]
79.5050 [1961 c.726 §79.5050; 1973 c.504 §35; 1981 c.573 §1; repealed by 2001 c.445 §187]
79.5060 [1961 c.726 §79.5060; repealed by 2001 c.445 §187]
79.5070 [1961 c.726 §79.5070; 1981 c.573 §2; 1995 c.618 §46; repealed by 2001 c.445 §187]
79.6010
[1983 c.246 §3; renumbered 79.8010 in 1987]
79.6020 [1987 c.645 §1; renumbered 80.100 in 2001]
79.6025 [1999 c.715 §11; 2001 c.535 §26; renumbered 80.103 in 2001]
79.6030 [1987 c.645 §4; 1999 c.464 §2; renumbered 80.106 in 2001]
79.6040 [1987 c.645 §2; renumbered 80.109 in 2001]
79.6050 [1987 c.645 §3; renumbered 80.112 in 2001]
79.6060 [1987 c.645 §7; renumbered 80.115 in 2001]
79.6070 [1987 c.645 §5; renumbered 80.118 in 2001]
79.6080 [1987 c.645 §6; renumbered 80.121 in 2001]
79.6090 [1987 c.645 §11; renumbered 80.124 in 2001]
79.7000 [1987 c.645 §9; renumbered 80.127 in 2001]
79.7010 [1987 c.645 §8; renumbered 80.130 in 2001]
79.7020 [1987 c.645 §10; repealed by 1989 c.111 §15]
79.8010 [Formerly 79.6010; 2001 c.445 §157; renumbered 79.0528 in 2001]

Last modified: August 7, 2008