Oregon — State Statute

Oregon Revised Statutes Chapter 72 § 72.3100 — Open

Oregon Revised Statutes Chapter 72 ·
Oregon Code § 72.3100 · Enacted · Last updated March 01, 2026
Statute Text
Open time for payment or running of credit; authority to ship under reservation. Unless otherwise agreed: (1) Payment is due at the time and place at which the buyer is to receive the goods even though the place of shipment is the place of delivery; (2) If the seller is authorized to send the goods the seller may ship them under reservation, and may tender the documents of title, but, pursuant to ORS 72.5130, the buyer may inspect the goods after their arrival before payment is due unless such inspection is inconsistent with the terms of the contract; (3) If delivery is authorized and made by way of documents of title otherwise than by subsection (2) of this section then payment is due, regardless of where the goods are to be received: (a) At the time and place at which the buyer is to receive delivery of the tangible documents; or (b) At the time the buyer is to receive delivery of the electronic documents and at the seller’s place of business or, if none, the seller’s residence; and (4) Where the seller is required or authorized to ship the goods on credit the credit period runs from the time of shipment but postdating the invoice or delaying its dispatch will correspondingly delay the starting of the credit period. [1961 c.726 §72.3100; 2009 c.181 §27]
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This section of Oregon law addresses Open . 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 § 72.3100. Use this format in legal documents and court filings.
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