{"data":{"id":"us-or/ors-79a.6050","jurisdiction":"us-or","citation":"ORS 79A.6050","heading":"UCC 9-605. Unknown debtor or secondary obligor.","body":"(1) Except as provided in subsection (2) of this section, a secured party does not owe a duty based on its status as secured party:\n      (a) To a person that is a debtor or obligor, unless the secured party knows:\n      (A) That the person is a debtor or obligor;\n      (B) The identity of the person; and\n      (C) How to communicate with the person; or\n      (b) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:\n      (A) That the person is a debtor; and\n      (B) The identity of the person.\n      (2) A secured party owes a duty based on its status as a secured party to a person if, at the time the secured party obtains control of collateral that is a controllable account, controllable electronic record or controllable payment intangible or at the time the security interest attaches to the collateral, whichever is later:\n      (a) The person is a debtor or obligor; and\n      (b) The secured party knows that the information in subsection (1)(a) of this section relating to the person is not provided by the collateral, a record attached to or logically associated with the collateral or the system in which the collateral is recorded.","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":"f77349f05a04809e252d67bb7b2602070862df8cbf38aa622ee6821d9a1befc8","source_id":"us-or","stale":false,"prev":"us-or/ors-79a.6040","next":"us-or/ors-79a.6060"},"notice":"GroundRules: Original legal text. Not legal advice."}