ORS § 726.300

Current through 2024 Regular Session legislation effective April 4, 2024
Section 726.300 - Contents of pawn ticket; effect
(1) A pawnbroker at the time the pawnbroker makes a pledge loan shall deliver to the pledgor or an agent of the pledgor a memorandum or pawn ticket on which the pawnbroker shall legibly write or print the following:
(a) The date of the transaction.
(b) The serial number of the pledge loan.
(c) The article or articles pledged.
(d) The amount of the pledge loan.
(e) The rate of interest charged on the loan.
(f) The name and address of the pawnbroker.
(g) An accurate summary of the notice requirements of ORS 726.400.
(h) A statement as to whether the pawnbroker is storing or will store the pledge off the premises of the business location at which the pawnbroker makes the pledge loan.
(i) Other terms and conditions the pawnbroker may wish to insert that are not inconsistent with this chapter.
(2) Nothing that appears on the pawn ticket relieves the pawnbroker of the obligation to exercise reasonable care in safekeeping articles pledged with the pawnbroker.

ORS 726.300

Amended by 2019 Ch. 10,§ 1, eff. 91st day after sine die, op. 1/1/2020.
Amended by 1979 c.202 §4; 2009 c. 372, § 1