Oregon Revised Statutes Chapter 71 § 71.3040 — Obligation of good faith
Oregon Revised Statutes Chapter 71 ·
Oregon Code § 71.3040·Enacted ·Last updated March 01, 2026
Statute Text
Obligation of good faith.
Every contract or duty within the Uniform Commercial Code imposes an obligation
of good faith in its performance and enforcement. [2009 c.181 §17]
Note:
See note under 71.3010.
Plain English Explanation
This Oregon statute addresses Obligation of good faith. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 71.3040
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Obligation of good faith. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 71.3040. Use this format in legal documents and court filings.
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