There Is a Newer Version
of
this Chapter
2020 Indiana Code
Title 28. Financial Institutions
Article 7. Specialized Financial Institutions
Chapter 5. Pawnbrokers
- 28-7-5-1. Citation
- 28-7-5-2. Definitions
- 28-7-5-3. Necessity of License; Misleading Representations; Territorial Application
- 28-7-5-4. Application for License; Business Locations; Criminal History; Evidence of Compliance; Criminal Background Checks and Credit Histories
- 28-7-5-5. Initial and Renewal Applications; Fees; Financial Statement; Proof of Bond and Insurance; Standards; Tax Warrant List
- 28-7-5-5.5. Surety Bond; Requirements; Amount; Termination; Liability; Notices
- 28-7-5-6. Repealed
- 28-7-5-7. Repealed
- 28-7-5-8. Issuance and Duration of License; Evidence of Compliance; Denial of Application; Person Not Qualifying for License; Replacement of Manager
- 28-7-5-9. License Not Transferrable or Assignable; Branch Locations
- 28-7-5-9.1. Change in Control of Licensee; Application to Department; Time Frame for Department's Decision; Conditions for Approval; Duty of Licensee to Report Transfer of Securities; Director's Discretion to Require New License
- 28-7-5-10. Closing, Opening, or Relocating a Branch; Changes and Events Concerning Licensees or Applicants; Notice to Department Required
- 28-7-5-10.1. Ceasing Business as a Pawnbroker; Requirements; Appointment of Liquidating Agent; Two Month Redemption Period; Partial Payments by Pledgers
- 28-7-5-10.4. Carrying on Other Business
- 28-7-5-10.5. Repealed
- 28-7-5-10.6. Felony Convictions or Pleas; Notice to Department
- 28-7-5-11. License Renewal; Application; Fees
- 28-7-5-12. Repealed
- 28-7-5-13. Suspension or Revocation of License; Order to Show Cause; Order of Suspension or Revocation; Surrender of License; Existing Obligations; Emergency Order for Revocation
- 28-7-5-13.1. Failure to File Renewal Form or Pay Renewal Fee; Revocation or Suspension of License
- 28-7-5-14. Repealed
- 28-7-5-15. Investigatory and Enforcement Authority; Costs of Investigation; Voided Loans
- 28-7-5-15.1. Applicability of Law Governing Administrative Orders and Procedures; Venue
- 28-7-5-16. Books, Accounts, and Records; Examination and Costs; Bills of Sale; Purchase of Precious Metal; Record of Control; Examination of Vendors
- 28-7-5-17. Report; Late Fee
- 28-7-5-18. Repealed
- 28-7-5-19. Loan Record Requisites; Data Recording Methods
- 28-7-5-20. Signature and Thumbprint of Pledger; Electronic Record
- 28-7-5-21. Pawn Ticket; Duty of Reasonable Care in Safekeeping of Articles
- 28-7-5-21.5. Required Disclosure of Information
- 28-7-5-22. Presumptive Right of Ticket Holder to Redeem; Compliance With Local Ordinance or Law Concerning Pledge Retention
- 28-7-5-23. Redemption by Mail; Compliance With Local Ordinance or Law Concerning Pledge Retention
- 28-7-5-24. Partial Payment Before Maturity
- 28-7-5-25. Loss, Destruction, or Theft of Pawn Ticket
- 28-7-5-26. Alteration of Pawn Ticket; Effect
- 28-7-5-27. Repealed
- 28-7-5-28. Rate of Interest; Calculation for Partial Month; Minimum Term; Reduction in Advance; Penalty for Excessive or Unauthorized Interest or Charges
- 28-7-5-28.5. Additional Charge; Servicing Fee
- 28-7-5-29. Liability for Loss to Pledger; Due Care
- 28-7-5-29.5. Waiver of Rights Not Permitted
- 28-7-5-30. Two Month Redemption Period; Public Access Prohibited; Unredeemed Property Subject to Sale
- 28-7-5-31. Repealed
- 28-7-5-32. Repealed
- 28-7-5-33. Lien
- 28-7-5-34. Delivery of Pledge; Necessity of Surrender of Pawn Ticket
- 28-7-5-35. Conflicting Claims; Sale of Pledge Subject to Adjudication
- 28-7-5-36. Unlawful Transactions
- 28-7-5-37. Violations
- 28-7-5-37.5. Compliance With Money Laundering Laws; Investigation and Enforcement by the Department
- 28-7-5-38. Violations; Civil Action; Injunctive Relief; Civil Penalties
- 28-7-5-38.1. Violations; Civil Penalty
- 28-7-5-39. Confidentiality of Records; Exceptions; Safeguarding of Personal Records; Release of Information to Supervisory Agencies
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
