Oregon Statutes 698.635 – Definitions for ORS 698.640 and 698.650
As used in ORS § 698.640 and 698.650:
Terms Used In Oregon Statutes 698.635
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Personal property: All property that is not real property.
(1) ‘Auction’ or ‘auction sale’ means a sale of or an offer to sell real or personal property to the highest bidder.
(2) ‘Auctioneer’ means a person who sells or offers to sell property at auction, either on the person’s own behalf or for another person.
(3) ‘Auction mart’ means a fixed or established place designed, intended or used to conduct auction sales where more than one sale has occurred during a calendar year.
(4) ‘Consignee’ means a person to whom another person offers, gives or entrusts personal property with the expectation that the person will sell the personal property in a manner other than at an auction sale and compensate the other person from the proceeds of the sale.
(5) ‘Consignment sale’ means a sale of personal property, or a display of personal property for the purpose of selling the personal property, that a consignee conducts in public or with members of the public other than at a public auction. [1983 c.404 § 1; 2013 c.493 § 1]