(1) Any dealer in new or used aircraft, or both, shall apply to the Oregon Department of Aviation for a dealerís license. Upon such application, the department shall issue an aircraft dealerís license to the applicant for an annual fee of $250. The dealerís license shall be in lieu of all other licenses or registration required by ORS 837.040 upon the dealerís aircraft within this state, so long as they are kept for resale and are not used in commercial operations within this state.
(2) This section does not prohibit the registering of a dealerís aircraft under ORS 837.040.
(3) Upon the sale by a dealer of an aircraft which is not registered under ORS 837.040, the dealer shall advise the purchaser of the registration requirements under ORS 837.040 to 837.070 and furnish the purchaser with the proper application forms. [Formerly 493.140; 1997 c.585 §7]Section: Previous 837.040 837.045 837.050 837.055 837.060 837.065 837.070 837.075 837.080 837.085 837.090 837.095 837.100 837.105 837.990 Next
Last modified: August 7, 2008