(1) An employer shall take all reasonable precautions to safeguard all trade equipment that is owned by an employee and is located on premises under the employer’s control.

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(2) As used in ORS § 653.285 and this section, unless the context requires otherwise:

(a) ‘Employee’ and ’employer’ have the meaning provided for those terms in ORS § 652.310.

(b) ‘Premises’ means the place where the employer and the employee of the employer are engaged in the furtherance of a common enterprise or the accomplishment of the same or related purposes in operation.

(c) ‘Trade equipment’ is limited to musical instruments and sound equipment. [1975 c.488 § 7; 2007 c.71 § 206]