A pawnbroker has a first lien on all pledges for the amount of his loan, interest, and charges except:
(1) when the property that constitutes the pledge is stolen (IC 35-43-4-2 ) or converted (IC 35-43-4-3 ) property; or(2) where a prior lien exists under another statute.
IC 28-7-5-33
(Formerly: Acts 1935, c.195, s.32.) As amended by P.L. 272-1983, SEC.2.