(1) A pawnbroker at the time the pawnbroker makes a pledge loan shall deliver to the pledgor or an agent of the pledgor a memorandum or pawn ticket on which the pawnbroker shall legibly write or print 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.
- (h) A statement as to whether the pawnbroker is storing or will store the pledge off the premises of the business location at which the pawnbroker makes the pledge loan.
- (i) Other terms and conditions the pawnbroker may wish to insert that are not inconsistent with this chapter.
- (2) Nothing that appears on the pawn ticket relieves the pawnbroker of the obligation to exercise reasonable care in safekeeping articles pledged with the pawnbroker.
[Amended by 1979 c.202 §4; 2009 c.372 §1; 2019 c.10 §1]