Oregon Revised Statutes Chapter 464 § 464.510 — Regulation of rent; inspection of premises and records; rules; reports
Oregon Revised Statutes Chapter 464 ·
Oregon Code § 464.510·Enacted ·Last updated March 01, 2026
Statute Text
Regulation of rent; inspection of premises and records; rules; reports.
(1) The Department of Justice may
prohibit the operation of a licensed bingo, lotto, raffle or Monte Carlo event
operation if, in the determination of the department, the rent for the premises
on which the operation is conducted, or the fees for Monte Carlo event services
or equipment by a supplier of gaming equipment, are unreasonably high. Rent may
not be paid, either in whole or in part on the basis of a percentage of the
receipts or profits derived from the bingo, lotto, raffle or Monte Carlo event
operation. The department may by rule establish additional standards of
suitability for premises used in the conduct of bingo, lotto, raffles or Monte
Carlo events.
(2) As used in
subsection (1) of this section, unreasonably high means that the price
charged for the space, equipment or services is significantly above the fair
market value for the space, equipment or services and the amount charged for
the space, equipment or services will result in a comparatively small profit for
the licensee.
(3) Rent may not
be paid to a related taxpayer, as that term is defined in Section 1239 of the
Internal Revenue Code as amended and in effect on December 31, 1996.
(4) An
organization conducting a bingo, lotto, raffle or Monte Carlo event operation
shall keep such records of the operation as required by the Department of
Justice.
(5) The premises
on which the operation is conducted and all records required by the department
shall be subject to inspection and audit at any reasonable time, with or
without notice, upon demand by the department or its designee or the district
attorney for the county in which the operation is conducted or the district
attorneys designee. The records shall be subject to inspection and audit also
by the Superintendent of State Police or the superintendents designee and by
the sheriff of the county in which the operation is conducted or the chief of
police of the city in which the operation is conducted, or the designee of
either, for the purpose of determining compliance or noncompliance with state
law and the rules of the department.
(6) As used in
this section, reasonable time for inspection of records includes but is not
limited to:
(a) If the
records are located anywhere upon premises, a portion of which are regularly
open to the public or to members and guests, anytime that the premises are open
for business, whether or not bingo, lotto, raffles or Monte Carlo events are
being conducted at that time; and
(b) If the
records are not located upon premises described in paragraph (a) of this
subsection, then anytime between the hours of 8 a.m. and 9 p.m., Monday through
Friday.
(7) The operator
of a bingo, lotto, raffle or Monte Carlo event operation shall provide to the
department, at such reasonable intervals as the department may determine,
reports detailing all receipts and disbursements in connection with the bingo,
lotto, raffle or Monte Carlo event operation, together with such other
reasonable information as the department may require in order to determine
whether the operation complies with the provisions of state law and rules of
the department relating to the operation of bingo, lotto, raffles or Monte
Carlo events. [1987 c.914 §17(2) to (7); 1989 c.171 §95; 1997 c.839 §68; 1997
c.867 §16; 2003 c.417 §4]
Plain English Explanation
This Oregon statute addresses Regulation of rent; inspection of premises and records; rules; reports. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 464.510
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Regulation of rent; inspection of premises and records; rules; reports. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 464.510. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.