There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 17, Chapters 756 - 838
ORS Chapter 803
803.132 Circumstances under which transitional ownership record acceptable as ownership record.
OR Rev Stat § 803.132 (through Leg Sess 2011) What's This?
A transitional ownership record is acceptable as an ownership record only if the primary ownership record is not in the possession of the selling dealer, new security interest holder or the agent of either at the time the transitional ownership record is submitted to the Department of Transportation. [1989 c.927 8; 1993 c.233 42; 1995 c.309 1; 1999 c.818 1]
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