Or. Admin. Code § 441-740-0025

Current through Register Vol. 64, No. 1, January 1, 2025

Section 441-740-0025 - Description of Pledged Items

(1) The description of items in the register maintained by the pawnbroker, to satisfy needs of local law enforcement, must include:

(a) Brand name;

(b) Model number, if evident;

(c) Serial number, or indicate that the item doesn't have one or that the serial number isn't legible due to normal wear;

(d) Any other unique identifying marks, numbers, names, or letters; and

(e) A note that the item is stored off-site, if applicable.

(2) Notwithstanding section (1) of this rule, in the case of multiple similar items delivered in one transaction which do not bear model or serial numbers and which do not include precious metal or gemstones, the description of the items is adequate if it contains the quantity of items and a description of the type of items delivered. For example, if a tool box containing hand tools was pledged, it would be sufficient to identify the number of hand tools and the type of hand tools contained in the tool box.

Or. Admin. Code § 441-740-0025

FCS 11-2008, f. &cert. ef. 11-13-08; FSR 15-2019, amend filed 12/16/2019, effective 1/1/2020

Statutory/Other Authority: ORS 726.260

Statutes/Other Implemented: ORS 726.280