Oregon Statutes 359.235 – ORS 359.200 to 359.240 not to affect prior transactions; effect of Uniform Commercial Code
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(1) Nothing in ORS § 359.200 to 359.255 is intended to affect any written or oral contract or agreement in existence prior to November 1, 1981, unless the parties agree by mutual written consent that ORS § 359.200 to 359.255 apply or the contract is extended or renewed after November 1, 1981.
Terms Used In Oregon Statutes 359.235
- Contract: A legal written agreement that becomes binding when signed.
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
(2) ORS § 359.200 to 359.255 is applicable notwithstanding the absence of, or conflict with, any written agreement, receipt, note or memorandum entered into on or after November 1, 1981, between the consignor and the consignee concerning any matter covered by ORS § 359.200 to 359.255. ORS § 359.200 to 359.255 controls over any conflicting provisions of the Uniform Commercial Code. [1981 c.410 8,10; 2011 c.230 § 6]