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 owners 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
This Oregon statute addresses Goods
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 77.2070
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Goods
. Read the full statute text above for details.
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The formal citation is Oregon Code § 77.2070. Use this format in legal documents and court filings.
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