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ORS 72.2090

Known as the Uniform Commercial Code

The act spans §§ 72–72 (125 sections).

Applied in 6 court decisions — leading case 72 Or. App. 305 - Deerfield Commodities, Ltd. v. Nerco, Inc. (1985)

Most recently applied in Wiencken v. Mill-Rite Sash & Door Co. (In Re Empire Pacific Industries, Inc.) (March 1987)

1961 c.726 §72.2090; 2025 c.33 §13

How often courts cite this section

19741980198710
citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

(1) An agreement modifying a contract within this chapter needs no consideration to be binding.

(2) A signed agreement that excludes modification or rescission except by a signed writing or other signed record cannot be otherwise modified or rescinded, but except as between merchants such a requirement on a form supplied by the merchant must be separately signed by the other party.

(3) The requirements of ORS 72.2010, relating to the statute of frauds must be satisfied if the contract as modified is within its provisions.

(4) Although an attempt at modification or rescission does not satisfy the requirements of subsection (2) or (3) of this section, it can operate as a waiver.

(5) A party who has made a waiver affecting an executory portion of the contract may retract the waiver by reasonable notification received by the other party that strict performance will be required of any term waived, unless the retraction would be unjust in view of a material change of position in reliance on the waiver.

Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.