1. (1) Except as otherwise provided in subsection (2) of this section and ORS 79A.3120 (2), a financing statement must be filed to perfect all security interests and agricultural liens.

2. (2) The filing of a financing statement is not necessary to perfect a security interest:

   1. (a) That is perfected under ORS 79A.3080 (4), (5), (6) or (7);
   2. (b) That is perfected under ORS 79A.3090 when it attaches;
   3. (c) In property subject to a statute, regulation or treaty described in ORS 79A.3110 (1);
   4. (d) In goods in possession of a bailee that are perfected under ORS 79A.3120 (4)(a) or (b);
   5. (e) In certificated securities, documents, goods or instruments that are perfected without filing, control or possession under ORS 79A.3120 (5), (6) or (7);
   6. (f) In collateral in the secured party’s possession under ORS 79A.3130;
   7. (g) In a certificated security which is perfected by delivery of the security certificate to the secured party under ORS 79A.3130;
   8. (h) In controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property or letter-of-credit rights that are perfected by control under ORS 79A.3140;
   9. (i) In chattel paper that is perfected by possession and control under ORS 79A.3143;
   10. (j) In proceeds that are perfected under ORS 79A.3150; or
   11. (k) That are perfected under ORS 79A.3160.
3. (3) If a secured party assigns a perfected security interest or agricultural lien, a filing under this chapter is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.

[Formerly 79.0310]