Or. Admin. R. 160-050-0165

Current through Register Vol. 63, No. 6, June 1, 2024

Section 160-050-0165 - Statutory Lien Duration

(1)Agricultural Services Lien. Unless made inactive by a Certificate of Satisfaction filing, an ASL shall remain in the index maintained by the secretary for financing statements for two years from the date of its filing with that office.

(2)Agricultural Produce Lien. Unless made inactive by a Certificate of Satisfaction filing, an APL shall remain in the index maintained by the secretary for financing statements for one year from the date of its filing with that office.

(3)Grain Producer's Lien. Unless made inactive by a Certificate of Satisfaction filing, a GPL shall remain in the index maintained by the secretary for financing statements for two years from the date of its filing with that office.

Or. Admin. R. 160-050-0165

CORP 3-2001 f. 12-14-01 cert. ef. 1-1-02

Stat. Auth.: ORS 87.246; 2001 OL Ch. 301 Sec. 2 & ORS 87.767

Stats. Implemented: ORS 87.266; 2001 OL Ch. 301 Sec. 3 & ORS 87.762.