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2012 SESSION

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SB 556 Pawnbrokers; holding period for any pawn or pledge item is minimum of 30 days plus grace period.

Introduced by: Yvonne B. Miller | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Pawnbrokers; holding period for purchases.  Makes technical changes to the provisions addressing how long goods purchased by pawnbrokers must be retained before they can be sold by the pawnbroker.

SUMMARY AS INTRODUCED:

Pawnbrokers; holding period for purchases.  Requires pawnbrokers to retain all purchased goods intact for a minimum of 15 calendar days from the date the goods were purchased.