Oregon Administrative Rules
Chapter 441 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, FINANCE AND SECURITIES REGULATION
Division 740 - PAWNBROKERS
Section 441-740-0020 - Pawnbrokers Required to Use Reasonable Care in Caring for Pledges
Universal Citation: OR Admin Rules 441-740-0020
Current through Register Vol. 63, No. 9, September 1, 2024
(1) A pawnbroker shall exercise reasonable care to protect pledges from damage, theft, and burglary while storing or transporting pledged items.
(2) In complying with this rule, a pawnbroker shall give serious consideration to:
(a) An
alarm system with a direct connection to an off-site security company or a
police agency;
(b) Bars on the
windows, extra thick doors, vaults of heavy metal and similar structural
deterrents to unauthorized entry;
(c) Safes for jewelry, gems and coins and
storage areas for guns, all of which are so constructed and located as to deter
and delay unauthorized entry and to provide time for a police agency or other
security company to respond to a call in the event of a burglary or
theft;
(d) The suggestions and
recommendations of the local law enforcement agency or agencies; and
(e) Other or similar security precautions and
systems.
Statutory/Other Authority: ORS 726.260
Statutes/Other Implemented: ORS 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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