Oregon § 726.450 Tracking pledged articles; use of system; fee

Oregon Statutes

§ 726.450 — Tracking pledged articles; use of system; fee

Oregon § 726.450

Vol.18

Title 54Credit Unions, Lending Institutions and Pawnbrokers

Ch. 726Pawnbrokers

This text of Oregon § 726.450 (Tracking pledged articles; use of system; fee) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 726.450 (2026).

Text

A city or county may impose and collect from a pawnbroker a fee of not more than $1 for each pledge loan the pawnbroker makes in a calendar year, except a renewal of a pledge loan, for the purpose of administering and using a system, including an electronic database, to track pledged articles. The pawnbroker may charge a pledgor only the amount of the fee that the city or county imposes under this section.

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A city or county may impose and collect from a pawnbroker a fee of not more than $1 for each pledge loan the pawnbroker makes in a calendar year, except a renewal of a pledge loan, for the purpose of administering and using a system, including an electronic database, to track pledged articles. The pawnbroker may charge a pledgor only the amount of the fee that the city or county imposes under this section.