Terms Used In Oregon Statutes > Chapter 726 > General Provisions

• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
• Pawnbroker: means a person, copartnership, association or corporation that:

  (a) Lends money at a rate of interest greater than 10 percent per annum on the deposit or pledge of personal property;

  (b) Purchases personal property on the direct or implied condition of selling the personal property back at a stipulated price that would amount to paying interest or consideration in excess of 10 percent per annum; or

  (c) Does business as a storage warehouse operator and lends money at a rate of interest greater than 10 percent per annum upon goods, wares, merchandise or personal property pledged or deposited as collateral security. See Oregon Statutes 726.010

• Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
• Personal property: means tangible property a person owns, including:

  (A) Chattels and movables, such as merchandise, furniture, goods, machinery, tools and equipment, supplies and media;

  (B) Pledges that are not required to be registered with the Department of Transportation;

  (C) Snowmobiles, as defined in ORS § 801. See Oregon Statutes 726.010

• Personal property: All property that is not real property.
• Pledge: means personal property deposited with a pawnbroker in the course of the business of the pawnbroker. See Oregon Statutes 726.010
• Pledgor: means a person who delivers a pledge into the possession of a pawnbroker, unless the person discloses that the person is or was acting for another, in which event 'pledgor' means the disclosed principal. See Oregon Statutes 726.010
• United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100