Oregon Code § 72.6160·Enacted ·Last updated March 01, 2026
Statute Text
Procedure on notice claiming excuse.
(1) Where the buyer receives notification of a material or indefinite delay or
an allocation justified under ORS 72.6150 the buyer may by written notification
to the seller as to any delivery concerned, and where the prospective
deficiency substantially impairs the value of the whole contract under the
provisions of ORS 72.6120 relating to breach of installment contracts, then
also as to the whole:
(a) Terminate and
thereby discharge any unexecuted portion of the contract; or
(b) Modify the
contract by agreeing to take the available quota in substitution.
(2) If after
receipt of such notification from the seller the buyer fails so to modify the
contract within a reasonable time not exceeding 30 days the contract lapses
with respect to any deliveries affected.
(3) The
provisions of this section may not be negated by agreement except in so far as
the seller has assumed a greater obligation under ORS 72.6150. [1961 c.726 §72.6160]
REMEDIES
Plain English Explanation
This Oregon statute addresses Procedure on notice claiming excuse. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 72.6160
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Procedure on notice claiming excuse. Read the full statute text above for details.
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The formal citation is Oregon Code § 72.6160. Use this format in legal documents and court filings.
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