ORS 79.0502
UCC 9-502. Contents of financing statement

  • record of mortgage as financing statement
  • time of filing financing statement

(1)

Subject to subsection (2) of this section, a financing statement is sufficient only if it:

(a)

Provides the name of the debtor;

(b)

Provides the name of the secured party or a representative of the secured party; and

(c)

Indicates the collateral covered by the financing statement.

(2)

Except as otherwise provided in ORS 79.0501 (UCC 9-501. Filing office) (2), to be sufficient, a financing statement that covers as-extracted collateral or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy subsection (1) of this section and also:

(a)

Indicate that it covers this type of collateral;

(b)

Indicate that it is to be filed for record in the real property records;

(c)

Provide a description of the real property to which the collateral is related sufficient to give constructive notice of a mortgage under the law of this state if the description were contained in a record of the mortgage of the real property; and

(d)

If the debtor does not have an interest of record in the real property, provide the name of a record owner.

(3)

A record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if:

(a)

The record indicates the goods or accounts that it covers;

(b)

The goods are or are to become fixtures related to the real property described in the record or the collateral is related to the real property described in the record and is as-extracted collateral or timber to be cut;

(c)

The record satisfies the requirements for a financing statement in this section except that:

(A)

The record need not indicate that the record is to be filed in the real property records; and

(B)

If the record provides the name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom ORS 79.0503 (UCC 9-503. Name of debtor and secured party) (1)(d) applies, the record sufficiently provides the name of a debtor; and

(d)

The record is duly recorded.

(4)

A financing statement may be filed before a security agreement is made or a security interest otherwise attaches. [2001 c.445 §73; 2015 c.538 §1]

Source: Section 79.0502 — UCC 9-502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement, https://www.­oregonlegislature.­gov/bills_laws/ors/ors079.­html.

79.0101
UCC 9-101. Short title
79.0102
UCC 9-102. Definitions and index of definitions
79.0103
UCC 9-103. Purchase-money security interest
79.0104
UCC 9-104. Control of deposit account
79.0105
UCC 9-105. Control of electronic chattel paper
79.0106
UCC 9-106. Control of investment property
79.0107
UCC 9-107. Control of letter-of-credit right
79.0108
UCC 9-108. Sufficiency of description
79.0109
UCC 9-109. Scope
79.0110
UCC 9-110. Security interests arising under ORS chapter 72 or 72A
79.0201
UCC 9-201. General effectiveness of security agreement
79.0202
UCC 9-202. Title to collateral immaterial
79.0203
UCC 9-203. Attachment and enforceability of security interest
79.0204
UCC 9-204. After-acquired property
79.0205
UCC 9-205. Use or disposition of collateral permissible
79.0206
UCC 9-206. Security interest arising in purchase or delivery of financial asset
79.0207
UCC 9-207. Rights and duties of secured party having possession or control of collateral
79.0208
UCC 9-208. Additional duties of secured party having control of collateral
79.0209
UCC 9-209. Duties of secured party if account debtor has been notified of assignment
79.0210
UCC 9-210. Request for accounting
79.0301
UCC 9-301. Law governing perfection and priority of security interests
79.0302
UCC 9-302. Law governing perfection and priority of agricultural liens
79.0303
UCC 9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title
79.0304
UCC 9-304. Law governing perfection and priority of security interests in deposit accounts
79.0305
UCC 9-305. Law governing perfection and priority of security interests in investment property
79.0306
UCC 9-306. Law governing perfection and priority of security interests in letter-of-credit rights
79.0307
UCC 9-307. Location of debtor
79.0308
UCC 9-308. When security interest or agricultural lien is perfected
79.0309
UCC 9-309. Security interest perfected upon attachment
79.0310
UCC 9-310. When filing required to perfect security interest or agricultural lien
79.0311
UCC 9-311. Perfection of security interests in property subject to certain statutes, regulations and treaties
79.0312
UCC 9-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights and money
79.0313
UCC 9-313. When possession by or delivery to secured party perfects security interest without filing
79.0314
UCC 9-314. Perfection by control
79.0315
UCC 9-315. Secured party’s rights on disposition of collateral and in proceeds
79.0316
UCC 9-316. Effect of change in governing law
79.0317
UCC 9-317. Interests that take priority over or take free of security interest or agricultural lien
79.0318
UCC 9-318. No interest retained in right to payment that is sold
79.0319
UCC 9-319. Rights and title of consignee with respect to creditors and purchasers
79.0320
UCC 9-320. Buyer of goods
79.0321
UCC 9-321. Licensee of general intangible and lessee of goods in ordinary course of business
79.0322
UCC 9-322. Priorities among conflicting security interests in and agricultural liens on same collateral
79.0323
UCC 9-323. Future advances
79.0324
UCC 9-324. Priority of purchase-money security interests
79.0325
UCC 9-325. Priority of security interests in transferred collateral
79.0326
UCC 9-326. Priority of security interests created by new debtor
79.0327
UCC 9-327. Priority of security interests in deposit account
79.0328
UCC 9-328. Priority of security interests in investment property
79.0329
UCC 9-329. Priority of security interests in letter-of-credit right
79.0330
UCC 9-330. Priority of purchaser of chattel paper or instrument
79.0331
UCC 9-331. Priority of rights of purchasers of instruments, documents and securities under ORS chapters 73, 77 and 78
79.0332
UCC 9-332. Transfer of money
79.0333
UCC 9-333. Priority of certain liens arising by operation of law
79.0334
UCC 9-334. Priority of security interests in fixtures and crops
79.0335
UCC 9-335. Accessions
79.0336
UCC 9-336. Commingled goods
79.0337
UCC 9-337. Priority of security interests in goods covered by certificate of title
79.0338
UCC 9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
79.0339
UCC 9-339. Priority subject to subordination
79.0340
UCC 9-340. Effectiveness of right of recoupment or setoff against deposit account
79.0341
UCC 9-341. Bank’s rights and duties with respect to deposit account
79.0342
UCC 9-342. Bank’s right to refuse to enter into or disclose existence of control agreement
79.0401
UCC 9-401. Alienability of debtor’s rights
79.0402
UCC 9-402. Secured party not obligated on contract of debtor or in tort
79.0403
UCC 9-403. Agreement not to assert defenses against assignee
79.0404
UCC 9-404. Rights acquired by assignee
79.0405
UCC 9-405. Modification of assigned contract
79.0406
UCC 9-406. Discharge of account debtor
79.0407
UCC 9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest
79.0408
UCC 9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
79.0409
UCC 9-409. Restrictions on assignment of letter-of-credit rights ineffective
79.0501
UCC 9-501. Filing office
79.0502
UCC 9-502. Contents of financing statement
79.0503
UCC 9-503. Name of debtor and secured party
79.0504
UCC 9-504. Indication of collateral
79.0505
UCC 9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions
79.0506
UCC 9-506. Effect of errors or omissions
79.0507
UCC 9-507. Effect of certain events on effectiveness of financing statement
79.0508
UCC 9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement
79.0509
UCC 9-509. Persons entitled to file a record
79.0510
UCC 9-510. Effectiveness of filed record
79.0511
UCC 9-511. Secured party of record
79.0512
UCC 9-512. Amendment of financing statement
79.0513
UCC 9-513. Termination statement
79.0514
UCC 9-514. Assignment of powers of secured party of record
79.0515
UCC 9-515. Duration and effectiveness of financing statement
79.0516
UCC 9-516. What constitutes filing
79.0517
UCC 9-517. Effect of indexing errors
79.0518
UCC 9-518. Claim concerning inaccurate or wrongfully filed record
79.0519
UCC 9-519. Numbering, maintaining and indexing records
79.0520
UCC 9-520. Acceptance and refusal to accept record
79.0521
UCC 9-521. Uniform form of written financing statement and amendment
79.0522
UCC 9-522. Maintenance and destruction of records
79.0523
UCC 9-523. Information from filing office
79.0524
UCC 9-524. Delay by filing office
79.0525
UCC 9-525. Fees
79.0526
UCC 9-526. Filing-office rules
79.0527
UCC 9-527. Duty to report
79.0528
Liability of Secretary of State
79.0601
UCC 9-601. Rights after default
79.0602
UCC 9-602. Waiver and variance of rights and duties
79.0603
UCC 9-603. Agreement on standards concerning rights and duties
79.0604
UCC 9-604. Procedure if security agreement covers real property or fixtures
79.0605
UCC 9-605. Unknown debtor or secondary obligor
79.0606
UCC 9-606. Time of default for agricultural lien
79.0607
UCC 9-607. Collection and enforcement by secured party
79.0608
UCC 9-608. Application of proceeds of collection or enforcement
79.0609
UCC 9-609. Secured party’s right to take possession after default
79.0610
UCC 9-610. Disposition of collateral after default
79.0611
UCC 9-611. Notification before disposition of collateral
79.0612
UCC 9-612. Timeliness of notification before disposition of collateral
79.0613
UCC 9-613. Contents and form of notification before disposition of collateral: general
79.0614
UCC 9-614. Contents and form of notification before disposition of collateral: consumer-goods transaction
79.0615
UCC 9-615. Application of proceeds of disposition
79.0616
UCC 9-616. Explanation of calculation of surplus or deficiency
79.0617
UCC 9-617. Rights of transferee of collateral
79.0618
UCC 9-618. Rights and duties of certain secondary obligors
79.0619
UCC 9-619. Transfer of record or legal title
79.0620
UCC 9-620. Acceptance of collateral in full or partial satisfaction of obligation
79.0621
UCC 9-621. Notification of proposal to accept collateral
79.0622
UCC 9-622. Effect of acceptance of collateral
79.0623
UCC 9-623. Right to redeem collateral
79.0624
UCC 9-624. Waiver
79.0625
UCC 9-625. Remedies for secured party’s failure to comply with article
79.0626
UCC 9-626. Action in which deficiency or surplus is in issue
79.0627
UCC 9-627. Determination of whether conduct was commercially reasonable
79.0628
UCC 9-628. Nonliability and limitation on liability of secured party
Green check means up to date. Up to date