(1) On request, the Secretary of State shall furnish to persons not registered under ORS 80.118 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. [Formerly 79.6080]
Section: Previous 80.010 80.020 80.100 80.101 80.103 80.106 80.109 80.112 80.115 80.118 80.121 80.124 80.127 80.130 NextLast modified: August 7, 2008