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2018 Indiana Code
TITLE 28. Financial Institutions
ARTICLE 7. SPECIALIZED FINANCIAL INSTITUTIONS
CHAPTER 5. Pawnbrokers
28-7-5-29. Liability for loss to pledger; due care
Universal Citation: IN Code § 28-7-5-29 (2018)
IC 28-7-5-29 Liability for loss to pledger; due care
Sec. 29. A pawnbroker shall be liable for the loss of a pledge resulting from the pawnbroker's failure to exercise reasonable care in regard to it, but the pawnbroker shall not be liable for the loss of a pledge which could not have been avoided by the exercise of reasonable care. The burden of proof to establish due care shall be upon the pawnbroker.
Formerly: Acts 1935, c.195, s.28. As amended by P.L.14-1992, SEC.153.
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