(1) Any dealer in new or used aircraft, or both, shall apply to the Oregon Department of Aviation for a dealer’s license. Upon such application, the department shall issue an aircraft dealer’s license to the applicant for an annual fee of $250. The dealer’s license shall be in lieu of all other licenses or registration required by ORS § 837.040 upon the dealer’s aircraft within this state, so long as they are kept for resale and are not used in commercial operations within this state.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(2) This section does not prohibit the registering of a dealer’s aircraft under ORS § 837.040.

(3) Upon the sale by a dealer of an aircraft which is not registered under ORS § 837.040, the dealer shall advise the purchaser of the registration requirements under ORS § 837.040 to 837.070 and furnish the purchaser with the proper application forms. [Formerly 493.140; 1997 c.585 § 7]