Oregon — State Statute

Oregon Revised Statutes Chapter 77 § 77.2070 — Goods

Oregon Revised Statutes Chapter 77 ·
Oregon Code § 77.2070 · Enacted · Last updated March 01, 2026
Statute Text
Goods must be kept separate; fungible goods. (1) Unless the warehouse receipt provides otherwise, a warehouse shall keep separate the goods covered by each receipt so as to permit at all times identification and delivery of those goods. However, different lots of fungible goods may be commingled. (2) If different lots of fungible goods are commingled, the goods are owned in common by the persons entitled thereto and the warehouse is severally liable to each owner for that owner’s share. If, because of overissue, a mass of fungible goods is insufficient to meet all the receipts the warehouse has issued against it, the persons entitled include all holders to which overissued receipts have been duly negotiated. [1961 c.726 §77.2070; 2009 c.181 §61]
Plain English Explanation
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This section of Oregon law addresses Goods . 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 § 77.2070. Use this format in legal documents and court filings.
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