2010 Michigan Compiled Laws
Chapter 446 - BUSINESS REGULATION
Act 273 of 1917 - PAWNBROKERS (446.201 - 446.219)

PAWNBROKERS
Act 273 of 1917
AN ACT to regulate and license pawnbrokers in certain governmental units of this state; and to prescribe certain powers and duties of certain local governmental units and state agencies.

History: 1917, Act 273, Eff. Aug. 10, 1917 ;-- Am. 2002, Act 469, Imd. Eff. June 21, 2002

• Section 446.201 - Pawnbrokers; license required; exception; internet drop-off store exempt from licensure.
• Section 446.202 - Licenses; issuance; contents; term; transferability; fee; bond; limitations.
• Section 446.203 - Definitions.
• Section 446.204 - Licensed pawnbroker; action upon bond.
• Section 446.205 - Record of property received; contents; inspection; form of permanent record.
• Section 446.206 - Statement to police of articles received; contents.
• Section 446.207 - Repealed. 1980, Act 199, Imd. Eff. July 10, 1980.
• Section 446.208 - Purchaser's memorandum of pawn; contents.
• Section 446.209 - Interest on loans; rate; storage charge; usage fee; time of payment; computation; fee or excess charge prohibited.
• Section 446.210 - Title to item; sale of pawned property; time of possession.
• Section 446.211 - Payment or tender of debt before sale; effect as to title and right to property; agreement to permit pawner to maintain possession; usage fee.
• Section 446.212 - Repealed. 1998, Act 233, Imd. Eff. July 3, 1998.
• Section 446.213 - Pawned property; destruction or defacing unlawful; visibility of serial number or insignia.
• Section 446.214 - Pawned property; acceptance from certain persons prohibited.
• Section 446.216 - Bond of complainant; amount, surety.
• Section 446.217 - Transaction of business on Sunday unlawful.
• Section 446.218 - Violation of act; penalty.
• Section 446.219 - Violation of act; revocation of license; duration.