ORS 576.786¹
Payment due date terms in contracts authenticated prior to planting

(1) A seed production contract that is authenticated by the producer and seed dealer prior to the producer planting the other seed may contain payment due date terms that differ from the payment due date terms described in ORS 576.783 (Terms of seed production contract) (1)(b) if the contract states the date by which final payment for the other seed is due.

(2) If a seed production contract that is authenticated by the producer and seed dealer prior to the producer planting the other seed does not contain the information required under subsection (1) of this section, notwithstanding any contrary payment due date terms stated in the contract, the payment due date terms of the contract are subject to ORS 576.783 (Terms of seed production contract) (1)(b).

(3) An extension or renewal of any seed production contract, regardless of when the contract was authenticated, may contain payment due date terms that differ from the payment due date terms described in ORS 576.783 (Terms of seed production contract) (1)(b) if the extension or renewal contains the information required under subsection (1) of this section. If an extension or renewal of a seed production contract does not contain the information required under subsection (1) of this section, notwithstanding any contrary payment due date terms stated in the extension or renewal, the payment due date terms for the extension or renewal are subject to ORS 576.783 (Terms of seed production contract) (1)(b).

(4) It is an implied condition of any payment requirement created as provided under this section that the producer is performing, or has completed performance, in accordance with the seed production contract and has not otherwise breached the contract. [2018 c.26 §3]

Note: See note under 576.780 (Definitions for ORS 576.780 to 576.809).

1 Legislative Counsel Committee, CHAPTER 576—Agricultural Marketing Generally, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors576.­html (2019) (last ac­cessed May 16, 2020).
 
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information