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Texas Finance Code

§ 371.157 — PAWN TICKET

FI § 371.157Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part C. PAWNSHOPS · Ch. 371. PAWNSHOPS · Art. D. OPERATION OF PAWNSHOPS

Statute text

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A pawnbroker, at the time a pawn transaction is entered, shall deliver to the pledgor a pawn ticket or other memorandum that clearly shows:
(1)the name and address of the pawnshop;
(2)the pledgor's name, address, and physical description and a driver's license number, military identification number, identification certificate number, or other official number that can identify the pledgor;
(3)the date of the transaction;
(4)an identification and description of the pledged goods, including serial numbers if reasonably available;
(5)the amount of cash advanced or credit extended to the pledgor, designated as "Amount Financed";

Legislative history

Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371), Sec. 27, eff. September 1, 2023.