California Business and Professions Code

§ 21627

BPC § 21627 Effective Jan 1, 2017Div. 8 · Ch. 9 · Art. 4

Statute text

(a)As used in this article, “tangible personal property” means all secondhand tangible personal property that bears a serial number or personalized initials or inscription or that, at the time it is acquired by the secondhand dealer, bears evidence of having had a serial number or personalized initials or inscription.

(b)“Tangible personal property” also means the following:

(1)All tangible personal property, new or used, including motor vehicles, received in pledge as security for a loan by a pawnbroker.

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Legislative history

Amended by Stats. 2016, Ch. 418, Sec. 3. (AB 2524) Effective January 1, 2017.