Oregon Revised Statutes Chapter 167 § 167.506 — Recordkeeping requirements

Recordkeeping requirements. (1) When a person purchases more than 10 items of new and unused property for resale at an unused property market, the person shall maintain a record for two years after the date of purchase. (2) The record required in subsection (1) of this section must contain: (a) The date of the purchase of the new and unused property; (b) The name and address of the person from which the new and unused property was purchased; (c) A description and identification of the new and unused property; and (d) The price paid for the new and unused property. (3) A person shall, upon request, provide the record described in subsection (2) of this section for the purpose of inspection within a reasonable time. (4)(a) A person who violates this section commits a Class C misdemeanor. (b) A person who violates this section and who has one prior conviction under this section that was entered within the last 10 years commits a Class B misdemeanor. (c) A person who violates this section and who has two or more prior convictions under this section that were entered within the last 10 years commits a Class A misdemeanor. [2003 c.338 §3]