Oregon Administrative Rules
Chapter 160 - SECRETARY OF STATE, CORPORATION DIVISION
Division 40 - UNIFORM COMMERCIAL CODE - ARTICLE 9
Section 160-040-0308 - Assignment of Powers of Secured Party of Record
Universal Citation: OR Admin Rules 160-040-0308
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Status of the parties. An assignment shall have no effect on the status of the parties to the financing statement, except that each assignee named in the assignment shall become a secured party of record.
(2) Status of financing statement. An assignment shall have no effect upon the status of the financing statement.
Stat. Auth.: ORS 79.0526
Stats. Implemented: ORS 79.0514
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