72nd OREGON LEGISLATIVE ASSEMBLY--2003 Regular Session
 
HA to A-Eng. HB 2455
 
LC 1925/HB 2455-A6
 
                       HOUSE AMENDMENTS TO
                   A-ENGROSSED HOUSE BILL 2455
 
                 By COMMITTEE ON TRANSPORTATION
 
                            April 24
 
  On page 2 of the printed A-engrossed bill, delete lines 17
through 19 and insert:
  ' (12) A lien claimant who sells vehicles in order to foreclose
possessory liens.
  ' (13) A lien claimant who, in a 12-month period, sells 12 or
fewer vehicles that the lien claimant acquired through possessory
liens if the vehicles are sold at the business location of the
lien claimant.'.
  In line 20, delete 'Section 3' and insert 'Sections 3 and 4'
and delete 'is' and insert 'are'.
  In line 21, after '(12)' insert 'or (13)'.
  After line 37, insert:
  '  { +  SECTION 4. + }  { + A sale, consignment or other
transfer by a lien claimant does not constitute a sale for
purposes of ORS 822.015 (13) if the sale, consignment or other
transfer is to the holder of a current, valid wrecker certificate
issued under ORS 822.110 or to the holder of a current, valid
vehicle dealer certificate issued under ORS 822.020. + }
  '  { +  SECTION 5. + }  { + The amendments to ORS 822.015 by
section 1 of this 2003 Act apply only to sales occurring on or
after the effective date of this 2003 Act. + } ' .
  In line 38, delete '4' and insert '6'.
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