Or. Admin. Code § 441-740-0020 - Pawnbrokers Required to Use Reasonable Care in Caring for Pledges

(1) A pawnbroker shall exercise reasonable care to protect pledges from damage, theft, and burglary while storing or transporting pledged items.

(2) In complying with this rule, a pawnbroker shall give serious consideration to:

(a) An alarm system with a direct connection to an off-site security company or a police agency;

(b) Bars on the windows, extra thick doors, vaults of heavy metal and similar structural deterrents to unauthorized entry;

(c) Safes for jewelry, gems and coins and storage areas for guns, all of which are so constructed and located as to deter and delay unauthorized entry and to provide time for a police agency or other security company to respond to a call in the event of a burglary or theft;

(d) The suggestions and recommendations of the local law enforcement agency or agencies; and

(e) Other or similar security precautions and systems.

Notes

Or. Admin. Code § 441-740-0020

FID 2-1985, f. & ef. 7-22-85; Renumbered from 805-076-0300; FCS 11-2008, f. & cert. ef. 11-13-08; FSR 15-2019, amend filed 12/16/2019, effective 1/1/2020

Statutory/Other Authority: ORS 726.260

Statutes/Other Implemented: ORS 726.380