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1999 SESSION

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HB 2583 Regulation of pawnbrokers.

Introduced by: Vincent F. Callahan, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Professions and occupations; regulation of pawnbrokers. Authorizes a pawnbroker to sell, in the event of a default by the pawner, a motor vehicle which has been pawned; provides that an annual percentage rate computed and disclosed under the federal Truth-in-Lending Act is not a violation of the pawnbroker law; and provides that no property received on deposit or pledge by any pawnbroker shall be disfigured or its identity destroyed or affected in any manner in an effort to obtain a serial number or other information for identification purposes.


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