Oregon Code § 72.7040·Enacted ·Last updated March 01, 2026
Statute Text
Sellers
right to identify goods to the contract notwithstanding breach or to salvage
unfinished goods.
(1) An aggrieved seller under ORS 72.7030 may:
(a) Identify to
the contract conforming goods not already identified if at the time the
aggrieved seller learned of the breach they are in the possession or control of
the aggrieved seller.
(b) Treat as the
subject of resale goods which have demonstrably been intended for the
particular contract even though those goods are unfinished.
(2) Where the
goods are unfinished an aggrieved seller may in the exercise of reasonable
commercial judgment for the purposes of avoiding loss and of effective
realization either complete the manufacture and wholly identify the goods to
the contract or cease manufacture and resell for scrap or salvage value or
proceed in any other reasonable manner. [1961 c.726 §72.7040]
Plain English Explanation
This Oregon statute addresses Sellers
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 72.7040
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Sellers
. Read the full statute text above for details.
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The formal citation is Oregon Code § 72.7040. Use this format in legal documents and court filings.
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