OAR 735-020-0000
Perfection of a Security Interest — Definitions

The following terms and definitions apply to OAR 735-020-0000 (Perfection of a Security Interest — Definitions) to 735-020-0060 (Delivery of Vehicle Documents, Good Faith Effort and Circumstances Beyond Person’s Control):

(1)

“Agent” means a person designated by DMV to accept applications and fees for vehicle titles and registrations, and includes a person issued a vehicle dealer certificate under ORS 822.020 (Issuance of certificate).

(2)

“DMV” means the Driver and Motor Vehicle Services Division of the Oregon Department of Transportation.

(3)

"EVR” means DMV’s electronic vehicle registration program.

(4)

“EVR integrator” is a person designated by DMV by written agreement to facilitate transactions related to the titling and registering of motor vehicles between DMV and those Oregon vehicle dealers approved by DMV to conduct EVR transactions, including but not limited to the processing of applications for vehicle title and registration.

(5)

“Evidence of Ownership” as used in ORS 803.097 (Perfection of security interest in vehicle) means a document that contains a description of the vehicle, the name of each owner of the vehicle and the name of each person to whom interest is assigned, awarded or transferred; and

(a)

Is a primary ownership document as provided in OAR 735-020-0010 (Perfection of Security Interest; Primary Ownership Document); or

(b)

Is a transitional ownership document (TOD) as provided in OAR 735-020-0015 (Transitional Ownership Document — Limited Ownership Document).

(6)

“Ownership document” has the same meaning as “ownership record” as defined in ORS 801.377 (“Ownership record”) and as used in 803.130 (Purpose of record) through 803.138 (Discretionary rejection, return or invalidation of record by department).

(7)

“Primary ownership document” has the same meaning as “primary ownership record” as defined in ORS 801.402 (“Primary ownership record”) and as used in 803.130 (Purpose of record) through 803.138 (Discretionary rejection, return or invalidation of record by department).

(8)

“Transitional ownership document” has the same meaning as “transitional ownership record” as defined in ORS 801.562 (“Transitional ownership record”) and as used in 803.130 (Purpose of record) through 803.138 (Discretionary rejection, return or invalidation of record by department).

Source: Rule 735-020-0000 — Perfection of a Security Interest — Definitions, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=735-020-0000.

Last Updated

Jun. 24, 2021

Rule 735-020-0000’s source at or​.us