Oregon Statutes 79.0504 – UCC 9-504. Indication of collateral
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A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:
Terms Used In Oregon Statutes 79.0504
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Collateral: means the property subject to a security interest or agricultural lien. See Oregon Statutes 79.0102
- Financing statement: means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement. See Oregon Statutes 79.0102
- Personal property: All property that is not real property.
(1) A description of the collateral pursuant to ORS § 79.0108; or
(2) An indication that the financing statement covers all assets or all personal property. [2001 c.445 § 75]