Texas Finance Code

§ 371.175 — PROPERTY IDENTIFICATION TAGS REQUIRED

FI § 371.175Title 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)A pawnshop shall identify by a tag or similar means each item of goods located in the pawnshop that:

(1)has a retail or sale value of more than $25; and

(2)can be tagged or similarly identified.

(b)This section does not apply to:

(1)the personal effects of a person in the pawnshop; or

(2)furniture, fixtures, or equipment of the pawnshop.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 801, Sec. 10, eff. Sept. 1, 1999.