Oregon Statutes - Chapter 726 - Pawnbrokers - Section 726.300 - Contents of pawn ticket; effect.

(1) The pawnbroker shall at the time of making a pledge loan deliver to the pledgor or the agent of the pledgor a memorandum or pawn ticket on which shall be legibly written or printed 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 (2).

(h) Such other terms and conditions not inconsistent with this chapter as the pawnbroker may wish to insert.

(2) Nothing appearing on the pawn ticket shall relieve the pawnbroker of the obligation of exercising reasonable care in the safe keeping of articles pledged with the pawnbroker. [Amended by 1979 c.202 §4]

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Last modified: August 7, 2008