Oregon Statutes - Chapter 726 - Pawnbrokers - Section 726.320 - Redemption by mail.

When a pawn ticket, instead of being presented in person, is sent to the pawnbroker by mail, accompanied with a money order, bank draft or cash for the amount due including the cost of shipment and packing as desired, the pledge shall be securely packed and forwarded by the pawnbroker in accordance with the remitter’s instructions. If the remittance is insufficient to cover the amount due and the cost of shipment and packing as desired, the pawnbroker shall either notify the remitter of the amount of the deficiency or send the pledge subject to the payment of the deficiency by the consignee. The pawnbroker’s liability for the pledge shall cease upon delivery thereof to the carrier or the agent of the carrier. [Amended by 1973 c.449 §4; 1981 c.192 §43]

Section:  Previous  726.260  726.270  726.280  726.285  726.290  726.300  726.310  726.320  726.330  726.340  726.350  726.360  726.370  726.380  726.390  Next

Last modified: August 7, 2008