Section 726.150 – Revocation and suspension of license.
(1) The Director of the Department of Consumer and Business Services may revoke any license under this chapter if the director finds that: (a) The pawnbroker has failed to pay the annual license fee or to maintain in effect the required bond or to comply with any demand, ruling or requirement of the director lawfully […]
Section 726.155 – Procedure for license denial, revocation or suspension.
(1) Where the Director of the Department of Consumer and Business Services proposes to refuse to issue a license, or proposes to revoke or suspend a license, opportunity for hearing shall be accorded as provided in ORS chapter 183. (2) Judicial review of orders under subsection (1) of this section shall be as provided in […]
Section 726.010 – Definitions.
As used in this chapter: (1) “Pawnbroker” means a person, copartnership, association or corporation that: (a) Lends money at a rate of interest greater than 10 percent per annum on the deposit or pledge of personal property; (b) Purchases personal property on the direct or implied condition of selling the personal property back at a […]
Section 726.170 – Reinstatement or issuance of new license; fee.
The Director of the Department of Consumer and Business Services may reinstate any suspended license or issue a new license to a pawnbroker whose license has been revoked, upon the pawnbroker’s compliance with the provisions of law or any demand, ruling or requirement lawfully made by the director pursuant to and within the authority of […]
Section 726.020 – Short title; application of chapter.
This chapter shall be known as the Pawnbrokers Act. It is applicable to any person who qualifies under its provisions, and to such other person as shall by violating any of its provisions be subject to the penalties provided in ORS 726.990.
Section 726.180 – Expiration of license; effect of revocation, suspension or surrender of license.
Every license issued under this chapter shall remain in force until it has been surrendered, revoked or suspended in accordance with the provisions of this chapter. No revocation, suspension or surrender of any license shall impair or affect the obligation of any preexisting lawful contract between the pawnbroker and any borrower. [Amended by 1971 c.218 […]
Section 726.030 – Construction of chapter.
Nothing in this chapter shall be construed or held to limit the rights, powers or privileges granted to any person by any law of this state or of the United States whereby the loaning of money or extending of credit is regulated, provided, that such person is operating in compliance with the provisions of such […]
Section 726.190 – Surrender of license.
Any pawnbroker may surrender any license by delivering to the Director of the Department of Consumer and Business Services written notice that the pawnbroker thereby surrenders such license, but such surrender shall not affect the pawnbroker’s civil or criminal liability for acts committed prior to the surrender.
Section 726.040 – Pawnbroker license required.
No person shall engage or continue in the business of a pawnbroker, or use any assumed business name or advertising that in any way would lead the public to believe the person is a licensed pawnbroker, except as authorized by this chapter and without first procuring a license from the Director of the Department of […]
Section 726.050 – Requirements for issuance of license.
The Director of the Department of Consumer and Business Services may not issue a license to a corporation, limited liability company or limited liability partnership or to a person using an assumed business name unless: (1) The limited liability company or limited liability partnership has filed the required documents under ORS chapter 63 or 67; […]