Oregon Revised Statutes Chapter 576 § 576.705 — Processors required to pay for commodities within 30 days after delivery;
Oregon Revised Statutes Chapter 576 ·
Oregon Code § 576.705·Enacted ·Last updated March 01, 2026
Statute Text
Processors required to pay for commodities within 30 days after delivery;
interest on late payments.
Notwithstanding any other provision of law:
(1) In the
absence of a contract providing otherwise, any processor who purchases a
commodity from a producer shall make full payment therefor not later than the
30th day after the day the processor takes delivery of the harvested commodity.
(2) Any processor
who fails to make payment as required by subsection (1) of this section shall
pay, in addition to the amount due, interest thereon at the rate of one percent
per month. [1971 c.531 §2]
Plain English Explanation
This Oregon statute addresses Processors required to pay for commodities within 30 days after delivery;
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 576.705
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Processors required to pay for commodities within 30 days after delivery;
. Read the full statute text above for details.
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