There is a newer version of the Oregon Revised Statutes
2013 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 080 - Assignment; Central Filing System for Farm Products
Section 80.109 - Protection of buyers of farm products, commission merchants and selling agents; exception.
OR Rev Stat § 80.109 (2013) What's This?
Except as provided in ORS 80.112, a buyer who in the ordinary course of business buys farm products from a seller engaged in farming operations shall take free of a security interest created by the seller, and a commission merchant or selling agent who sells in the ordinary course of business farm products for others shall not be subject to a security interest created by the seller in such products, even though the security interest is perfected and the buyer or commission merchant or selling agent knows of the existence of such interest. [Formerly 79.6040]
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