Ind. Code § 28-7-5-36

Current through P.L. 171-2024
Section 28-7-5-36 - Unlawful transactions
(a) No pawnbroker shall:
(1) receive any pledge or make a purchase from a person under eighteen (18) years of age; or
(2) receive any pledge or make a purchase of property that the pawnbroker believes or should have reason to believe is stolen property acquired as a result of a crime.
(b) No pawnbroker shall purchase personal property or any other thing of value agreeing to sell the same back to the seller at a price other than the original purchase price, at a total charge, rate of interest, discount, or other remuneration in excess of the rate chargeable under sections 28 and 28.5 of this chapter.
(c) If a pawnbroker purchases personal property or any other thing of value agreeing to sell the same back to the seller at a price other than the original purchase price, section 30 of this chapter applies.

IC 28-7-5-36

(Formerly: Acts 1935, c.195, s.35; Acts1973 , P.L. 264, SEC.4.) As amended by P.L. 17-1985, SEC.22; P.L. 14-1992, SEC.157; P.L. 42-1993, SEC.82; P.L. 45-1995, SEC.32.