{"data":{"id":"us-or/ors-79a.1100","jurisdiction":"us-or","citation":"ORS 79A.1100","heading":"UCC 9-110. Security interests arising under ORS chapter 72 or 72A.","body":"A security interest arising under ORS 72.4010, 72.5050, 72.7110 (3) or 72A.5080 (5) is subject to this chapter. However, until the debtor obtains possession of the goods:\n      (1) The security interest is enforceable, even if ORS 79A.2030 (2)(c) has not been satisfied;\n      (2) Filing is not required to perfect the security interest;\n      (3) The rights of the secured party after default by the debtor are governed by ORS chapter 72 or 72A; and\n      (4) The security interest has priority over a conflicting security interest created by the debtor. [Formerly 79.0110]\nEFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT\n(Effectiveness and Attachment)","path":["02 - Business Organizations, Commercial Code","8. Commercial Transactions","Chapter 79A — Secured Transactions"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors079A.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"9635efca8a3ebc8278a87f4056c05a415b9dd3ec1639ccb6a2359b2d2a00afc7","source_id":"us-or","stale":false,"prev":"us-or/ors-79a.1090","next":"us-or/ors-79a.2010"},"notice":"GroundRules: Original legal text. Not legal advice."}