2013 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 072A - Leases
Section 72A.5120 - Lessee's duties as to rightfully rejected goods.
(1) Except as otherwise provided in ORS 72A.5110 with respect to goods that threaten to decline in value speedily and subject to any security interest of a lessee under ORS 72A.5080:
(a) The lessee, after rejection of goods in the lessee's possession, shall hold them with reasonable care at the lessor's or the supplier's disposition for a reasonable time after the lessee's seasonable notification of rejection; and
(b) If the lessor or the supplier gives no instructions within a reasonable time after notification of rejection, the lessee may store the rejected goods for the lessor's or the supplier's account or ship them to the lessor or the supplier or dispose of them for the lessor's or the supplier's account with reimbursement in the manner provided in ORS 72A.5110.
(2) If the lessee complies with subsection (1) of this section, the lessee has no further obligations with regard to goods rightfully rejected.
(3) Action by the lessee pursuant to subsection (1) of this section is not acceptance or conversion. [1989 c.676 §59]
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