Oregon Law
Law as of Jan 1, 2026
Chapter contents
726.010Definitions 726.020Short title; application of chapter 726.030Construction of chapter 726.040Pawnbroker license required 726.050Requirements for issuance of license 726.060Application for license; contents; fee 726.070Applicant to furnish bond or letter of credit; actions on bond or letter of credit 726.075Grounds for denial of license 726.080Issuance and denial of license 726.090Form of license; posting; transferability 726.100Additional licenses to same applicant 726.110Change of place of business 726.120[Amended by 1971 c.218 §6; repealed by 1985 c.762 §196] 726.125License fees; fees for extra service 726.130Annual report of licensee 726.140[Repealed by 1971 c.743 §432] 726.150Revocation and suspension of license 726.155Procedure for license denial, revocation or suspension 726.160[Repealed by 1971 c.734 §21] 726.170Reinstatement or issuance of new license; fee 726.180Expiration of license; effect of revocation, suspension or surrender of license 726.190Surrender of license 726.250Investigations and examinations; cost 726.255Investigation of pawnbrokers; oaths; witnesses; subpoenas; depositions 726.260Rules and rulings 726.270Prohibited transactions 726.280Register and records of licensee 726.285Register and records of transactions by pawnbroker; delivery of copies to local police agency 726.290Signing of card, stub or record by pledgor 726.300Contents of pawn ticket; effect 726.310Person entitled to redeem pledge; return of pledge stored off premises 726.320Redemption by mail 726.330Delivery of pledge upon surrender of pawn ticket 726.340Loss, destruction or theft of pawn ticket; affidavit; liability 726.350Alteration 726.360Spurious pawn tickets 726.370Multiple claimants of pledge; interpleader 726.380Loss of or injury to pledge; storage of large items off premises; lien on pledge; rules 726.390Interest rates and charges 726.395Charges related to firearms 726.400Loan period; renewal; forfeiture of pledge; notice; period for redeeming pledge 726.410Record of forfeited pledges 726.420Effect of charging excessive interest or fees 726.430[Repealed by 1975 c.544 §62] 726.440Enforcement orders 726.450Tracking pledged articles; use of system; fee 726.910Civil penalties 726.990Criminal penalties

Chapter 726 — Pawnbrokers

ORS 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;

(2)

The person using the assumed business name has registered the name under ORS chapter 648; or

(3)

The corporation is an Oregon corporation in good standing or a foreign corporation legally qualified to do business in this state.

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Provenance

Version history

2026-01-01

2025 Oregon Revised Statutes — official online source