Oregon Statutes 167.506 – 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.
Attorney's Note
Under the Oregon Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class A misdemeanor | up to 364 days | up to $6,250 |
| Class B misdemeanor | up to 6 months | up to $2,500 |
| Class C misdemeanor | up to 30 days | up to $1,250 |
Terms Used In Oregon Statutes 167.506
- Conviction: A judgement of guilt against a criminal defendant.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(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]
See note under 167.500.