ORS 475C.880: Rights of secured parties.

(1) In the event that a marijuana processing site or a medical marijuana dispensary is foreclosed or otherwise ceases operations as described in ORS chapter 79A, a secured party, as defined in ORS 79A.1020, may continue operations at the marijuana processing site or medical marijuana dispensary upon submitting to the Oregon Health Authority proof that the secured party or, if the secured party is a business entity, any individual who has a financial interest in the secured party, meets the requirements and restrictions set forth in:

      (a) For marijuana processing sites, ORS 475C.815 (2)(d) and (4); or

      (b) For medical marijuana dispensaries, ORS 475C.833 (2)(d) and (4).

      (2) The authority may prescribe the form and manner of submitting proof under subsection (1) of this section. [Formerly 475B.904]

(Protections From Civil and Criminal Liability)