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2018 SESSION

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HB 26 Pawnbrokers; allowable late fees.

Introduced by: Richard P. Bell | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Pawnbrokers; allowable late fees. Provides that a pawnbroker may charge a late fee, not to exceed 10 percent of the amount loaned, for each item that is not claimed by the pledged due date as long as the pawner is notified of the fee on the pawn ticket.

SUMMARY AS INTRODUCED:

Pawnbrokers; allowable late fees. Provides that a pawnbroker may charge a late fee, not to exceed 10 percent of the amount loaned, for each item that is not claimed by the pledged due date.