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2025 California Code
Financial Code - FIN
DIVISION 8 - PAWNBROKERS
CHAPTER 4 - Pawnbroker Education Act
Section 21405.

Universal Citation:
CA Fin Code § 21405 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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21405. (a) The council shall, on or before January 1, 2026, develop and establish a standard course and curriculum in pawnbroker transactions that shall include at least eight hours of prelicensing education to be taken by an applicant for licensure, and eight hours of continuing education to be taken by a licensee or their designated representative.

(b) The curriculum established by the council shall meet minimum standards for education in the following areas:

(1) Compliance with federal laws applicable to the pawnbroker business, including, but not limited to, bankruptcy, search and seizure, anti-money laundering, and lending laws.

(2) Compliance with state laws applicable to the pawnbroker business (Division 8 (commencing with Section 21000)) and the reporting requirements imposed upon secondhand dealers pursuant to Article 4 (commencing with Section 21625) of Chapter 9 of Division 8 of the Business and Professions Code.

(c) The curriculum may include any other training that the council deems to be relevant to the efficient and lawful operation of a pawnbroker business.

(Added by Stats. 2024, Ch. 223, Sec. 3. (AB 2231) Effective January 1, 2025. Repealed as of January 1, 2029, pursuant to Section 21413.)

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