Oregon Revised Statutes Chapter 726 § 726.125 — License fees; fees for extra service
Oregon Revised Statutes Chapter 726 ·
Oregon Code § 726.125·Enacted ·Last updated March 01, 2026
Statute Text
License fees; fees for extra service.
(1) Each pawnbroker shall pay to the Director of the Department of Consumer and
Business Services each year the license fee determined by the director under
subsection (2) of this section.
(2) The director
may charge and collect a license fee from each pawnbroker, according to a
license fee schedule established by the director by rule, for the purpose of
defraying the costs of performing supervision, enforcement and other duties
imposed by law upon the director in respect to pawnbrokers. In setting the
license fee schedule and allocating license fees among pawnbrokers, the
director shall take into consideration the costs of performing the duties of
the director relative to each pawnbroker, the amount of all other moneys paid
to the director under this chapter and the cost of developing and maintaining a
reasonable emergency fund. License fees under this subsection shall be assessed
and paid upon approval of a new license application, and not later than
December 15 or such date as may be specified by the director by rule for
renewal of a license.
(3) In addition
to the license fee collected under subsection (2) of this section, whenever the
director devotes any extra attention to the affairs of a pawnbroker, either
upon determination by the director or upon request of the pawnbroker, the fee
for the extra service shall be the actual cost thereof. [1985 c.762 §139; 1997
c.842 §2; 2007 c.768 §56]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 726.125
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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