§ 5.20.140. Loans on personal property subject to provisions.*  


Latest version.
  • No person shall engage in or carry on the business of loaning money upon mortgages, deposits or pledges of wearing apparel, jewelry, ornaments, household goods or other personal property, or of purchasing such property on condition of selling it back again at a stipulated price, unless that person is licensed as a pawnbroker.

    (Prior revision § 14-14)

    *  See G.L. Ch. 140, § 76.