Section 72.4005 – Definitions for ORS 72.4010 and 72.4030.

As used in ORS 72.4010 and 72.4030, “draft,” “check,” “certificate of deposit” and “note” have the meaning for those terms provided in ORS 73.0104. [1973 c.287 §4; 1993 c.545 §117]

Section 72.4010 – Passing of title; reservation for security; limited application of ORS 72.4010.

Each provision of this chapter with regard to the rights, obligations and remedies of the seller, the buyer, purchasers or other third parties applies irrespective of title to the goods except where the provision refers to such title. In so far as situations are not covered by the other provisions of this chapter and matters […]

Section 72.4020 – Rights of seller’s creditors against sold goods.

(1) Except as provided in subsections (2) and (3) of this section, rights of unsecured creditors of the seller with respect to goods which have been identified to a contract for sale are subject to the buyer’s rights to recover the goods pursuant to ORS 72.5020 and 72.7160. (2) A creditor of the seller may […]

Section 72.4030 – Power to transfer; good faith purchase of goods; “entrusting.”

(1) A purchaser of goods acquires all title which the transferor had or had power to transfer except that a purchaser of a limited interest acquires rights only to the extent of the interest purchased. A person with voidable title has power to transfer a good title to a good faith purchaser for value. When […]