Oregon Statutes 576.792 – Terms of seed purchase contract
(1) The terms of a seed purchase contract must include:
Terms Used In Oregon Statutes 576.792
- Contract: A legal written agreement that becomes binding when signed.
(a) The estimated date for seed delivery;
(b) The terms and estimated date for the seed dealer to pay the seed grower;
(c) The amount of other seed to be purchased; and
(d) The species, cultivars and quality standards of the other seed to be purchased.
(2) If the seed purchase contract does not settle the price of the other seed, the contract is enforceable and price shall be determined as described in ORS § 72.3050 (1) to (3). A seed purchase contract must require the seed dealer to make payment to the seed grower within 30 days after seed delivery. However, upon written mutual agreement of the seed grower and the seed dealer, the grower may extend the period available for the dealer to make payment. [2018 c.26 § 5]
See note under 576.780.