Subject to the provisions of ORS 72.6030 on perishables if the seller gives no instructions within a reasonable time after notification of rejection the buyer may store the rejected goods for the seller’s account or reship them to the seller or resell them for the seller’s account with reimbursement as provided in ORS 72.6030. Such action is not acceptance or conversion.
ORS 72.6040
Known as the Uniform Commercial Code
The act spans §§ 72–72 (125 sections).
Applied in 1 court decision — leading case Can-Key Industries, Inc. v. Industrial Leasing Corp. (1979)
Most recently applied in Can-Key Industries, Inc. v. Industrial Leasing Corp. (April 1979)
1961 c.726 §72.6040
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.