Oregon Administrative Rules
Chapter 441 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, FINANCE AND SECURITIES REGULATION
Division 740 - PAWNBROKERS
Section 441-740-0000 - Definitions

Universal Citation: OR Admin Rules 441-740-0000

Current through Register Vol. 63, No. 9, September 1, 2024

(1) "Advertising" includes signs, inside or outside of a business premise, advertising in newspapers and print media, on radio, television, and electronic media by the licensee or on the licensee's behalf.

(2) "Large item" means:

(a) A boat as defined in ORS 830.005, a snowmobile as defined in ORS 801.490, a trailer as described in ORS 726.010(2)(a)(D), or an all-terrain vehicle as described in ORS 726.380; and

(b) An item that a pawnshop in the usual course of business would prefer to place in off-site storage due to its size, shape, or weight.

(3) "Reasonable care" means:

(a) Having a method or system of promptly notifying the police or a security company when a burglary or theft occurs or is in progress; and

(b) Having a structure or enclosure in which the business is conducted and at any off-site storage location that is designed, constructed, furnished and maintained to create physical deterrents to unauthorized entry or unauthorized removal of pledged goods, giving special consideration to security of high value items and weapons.

Statutory/Other Authority: ORS 726.260

Statutes/Other Implemented: ORS 726.010, 726.040 & 726.380

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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