Chapter 80 — Chapter 80
21 sections in this chapter.
ORS 80.010 [Renumbered 81.200 in 2025]
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[Repealed or reserved.]
ORS 80.020 [Renumbered 81.203 in 2025]
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[Repealed or reserved.]
ORS 80.100 [Formerly 79.6020; 2007 c.186 §13; renumbered 81.230 in 2025]
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[Repealed or reserved.]
ORS 80.101 [2007 c.186 §20; renumbered 81.233 in 2025]
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[Repealed or reserved.]
ORS 80.1010 UCC 12.101. Title. ORS 80.1010 to 80.1070 may be cited as Uniform Commercial Code–Controllable Electronic Records. [2025 c.33 §94]
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[Repealed or reserved.]
ORS 80.1020 UCC 12.102. Definitions. (1) In ORS 80.1010 to 80.1070
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(a)(A) “Controllable electronic record” means a record stored in an electronic medium that can be subjected to control under ORS 80.1050. (B) “Controllable electronic record” does not include a controllable account, a controllable payment intangible, a deposit account, an electro…
ORS 80.103 [Formerly 79.6025; renumbered 81.236 in 2025]
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[Repealed or reserved.]
ORS 80.1030 UCC 12.103. Relation to Article 9 and consumer laws. (1) If there is a conflict between ORS 80.1010 to 80.1070 and ORS chapter 79A, ORS chapter 79A governs
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(2) A transaction subject to ORS 80.1010 to 80.1070 is subject to any applicable rule of law that establishes a different rule for consumers. [2025 c.33 §96]
ORS 80.1040 UCC 12.104. Rights in controllable account, controllable electronic record and controllable payment intangible. (1) This section applies to the acquisition and purchase of rights in a controllable account or controllable payment intangible, including the rights and benefits under subsections (3), (4), (5) and (8) of this section of a purchaser and qualifying purchaser, in the same manner this section applies to a controllable electronic record
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(2) To determine whether a purchaser of a controllable account or controllable payment intangible is a qualifying purchaser, the purchaser obtains control of the account or payment intangible if it obtains control of the controllable electronic record that evidences the account o…
ORS 80.1050 UCC 12.105. Control of controllable electronic record. (1) A person has control of a controllable electronic record if the electronic record, a record attached to or logically associated with the electronic record or a system in which the electronic record is recorded
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(a) Gives the person: (A) Power to avail itself of substantially all of the benefit from the electronic record; and (B) Exclusive power, subject to subsection (2) of this section, to: (i) Prevent others from availing themselves of substantially all of the benefit from the electro…
ORS 80.106 [Formerly 79.6030; 2007 c.186 §14; renumbered 81.239 in 2025]
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[Repealed or reserved.]
ORS 80.1060 UCC 12.106. Discharge of account debtor on controllable account or controllable payment intangible. (1) An account debtor on a controllable account or controllable payment intangible may discharge its obligation by paying
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(a) The person having control of the controllable electronic record that evidences the controllable account or controllable payment intangible; or (b) Except as provided in subsection (2) of this section, a person that formerly had control of the controllable electronic record. (…
ORS 80.1070 UCC 12.107. Governing law. (1) Except as provided in subsection (2) of this section, the local law of a controllable electronic record’s jurisdiction governs a matter covered under ORS 80.1010 to 80.1070
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(2) For a controllable electronic record that evidences a controllable account or controllable payment intangible, the local law of the controllable electronic record’s jurisdiction governs a matter covered by ORS 80.1060 unless an effective agreement determines that the local la…
ORS 80.109 [Formerly 79.6040; renumbered 81.242 in 2025]
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[Repealed or reserved.]
ORS 80.112 [Formerly 79.6050; renumbered 81.245 in 2025]
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[Repealed or reserved.]
ORS 80.115 [Formerly 79.6060; 2005 c.191 §1; 2007 c.186 §15; renumbered 81.248 in 2025]
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[Repealed or reserved.]
ORS 80.118 [Formerly 79.6070; 2007 c.186 §16; renumbered 81.251 in 2025]
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[Repealed or reserved.]
ORS 80.121 [Formerly 79.6080; renumbered 81.254 in 2025]
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[Repealed or reserved.]
ORS 80.124 [Formerly 79.6090; renumbered 81.257 in 2025]
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[Repealed or reserved.]
ORS 80.127 [Formerly 79.7000; renumbered 81.260 in 2025]
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[Repealed or reserved.]
ORS 80.130 [Formerly 79.7010; renumbered 81.263 in 2025]
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[Repealed or reserved.]