MCL - Act 273 of 1917
AN ACT to regulate and license pawnbrokers that conduct business in this state; to provide for the disposition of allegedly misappropriated property in the possession of pawnbrokers; to provide remedies and prescribe penalties; and to provide for the powers and duties of certain local governmental units and state agencies.
History: 1917, Act 273, Eff. Aug. 10, 1917
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Am. 2002, Act 469, Imd. Eff. June 21, 2002
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Am. 2018, Act 345, Eff. Jan. 14, 2019
| Document | Type | Description |
|---|---|---|
| Section 446.201 | Section | Pawnbrokers; license required; exception; internet drop-off store exempt from licensure. |
| Section 446.202 | Section | Licenses; issuance; contents; term; transferability; fee; bond; limitations. |
| Section 446.203 | Section | Definitions. |
| Section 446.204 | Section | Licensed pawnbroker; action upon bond. |
| Section 446.205 | Section | Record of property received; contents; inspection; form of permanent record. |
| Section 446.206 | Section | Statement to police of articles received; contents. |
| Section 446.207 | Section | Repealed. 1980, Act 199, Imd. Eff. July 10, 1980. |
| Section 446.208 | Section | Purchaser's memorandum of pawn; contents. |
| Section 446.209 | Section | Interest on loans; rate; storage charge; time of payment; computation; fee or excess charge prohibited. |
| Section 446.210 | Section | Title to item; sale of pledged or pawned item; time of possession. |
| Section 446.211 | Section | Payment or tender of debt before sale; effect as to title and right to property; agreement to permit pawner to maintain possession. |
| Section 446.212 | Section | Misappropriated property; effect of written hold order; delivery of property to person claiming ownership; return of property to pawnbroker; liability; "appropriate law enforcement official" defined. |
| Section 446.213 | Section | Pawned property; destruction or defacing unlawful; visibility of serial number or insignia. |
| Section 446.214 | Section | Pawned property; acceptance from certain persons prohibited. |
| Section 446.216 | Section | Bond of complainant; amount, surety. |
| Section 446.217 | Section | Transaction of business on Sunday unlawful. |
| Section 446.218 | Section | Violation of act; penalty. |
| Section 446.219 | Section | Violation of act; revocation of license; duration. |