Okla. Admin. Code § 710:65-19-255
Current through Vol. 41, No. 24, September 3, 2024
Pawnbrokers are engaged primarily in the business of lending money for the repayment of which they accept as security tangible personal property from the pawner or pledger. In cases where the pawner or pledger does not redeem the property pledged or pawned within the specified time and the property is forfeited and title rests in the pawnbroker, the gross proceeds realized by the pawnbroker from a subsequent sale of the articles are taxable.
Okla. Admin. Code § 710:65-19-255