Corpus browser
179663 records-
Open
Financial Code - FIN - FIN § 21200.8
Financial Code - FIN - FIN § 21200.8
In addition to other allowed charges, a pawnbroker may collect a processing charge of twenty dollars ($20) for each firearm pawned.
-
Open
Financial Code - FIN - FIN § 21200.9
Financial Code - FIN - FIN § 21200.9
In addition to other allowed charges, a pawnbroker may collect a remote transaction fee, if the pledgor elects to request a replacement loan or to redeem a loan through electronic means, of up to 3.0 percent of the transaction amount to cover the recurring costs associated with s
-
Open
Financial Code - FIN - FIN § 21201
Financial Code - FIN - FIN § 21201
(a) Every loan made by a pawnbroker for which goods are received in pledge as security shall be evidenced by a written contract, a copy of which shall be furnished to the pledgor. The loan contract shall provide a loan period that is a minimum of four months, shall set forth the
-
Open
Financial Code - FIN - FIN § 21201.1
Financial Code - FIN - FIN § 21201.1
Whenever a pledger, or his or her assignee, loses a pawn ticket, a fee of not to exceed ten dollars ($10) may be charged for services of verifying the identification of the claimant, fingerprinting the claimant, and having the claimant execute a declaration under penalty of perju
-
Open
Financial Code - FIN - FIN § 21201.2
Financial Code - FIN - FIN § 21201.2
If the pledgor fails to redeem any pawned item during the loan period, thereby obliging the pawnbroker to mail or electronically transmit the notice required under Section 21201, the pawnbroker may charge a fee of up to seven dollars ($7) for services and costs pertaining to the
-
Open
Financial Code - FIN - FIN § 21201.3
Financial Code - FIN - FIN § 21201.3
(a) The written contract required pursuant to Section 21201 shall contain a provision in 8-point type stating whether the item or items pledged are to be stored at the business premises of the pawnbroker and adjacent to this provision, the following disclosure shall be made: “We
-
Open
Financial Code - FIN - FIN § 21201.4
Financial Code - FIN - FIN § 21201.4
Charges for the first three months of any loan made pursuant to the written contract required by Section 21201 or 21201.5 shall be determined by the application of the schedule of charges contained in Section 21200.5. Charges for any extension of time following the first three mo
-
Open
Financial Code - FIN - FIN § 21201.5
Financial Code - FIN - FIN § 21201.5
(a) During the contractual loan period and any extension thereof, but prior to the start of the 10-day grace period provided in subdivision (d) of Section 21201, a pledgor may request, and a pawnbroker may consent to, a replacement loan to take effect upon the expiration of the l
-
Open
Financial Code - FIN - FIN § 21201.6
Financial Code - FIN - FIN § 21201.6
The requirement for a written contract signed by the pledgor as set forth in Section 21201.5 may be met electronically if all of the following conditions are satisfied: (a) The contract and transaction comply with the provisions of the Uniform Electronic Transactions Act, as set
-
Open
Financial Code - FIN - FIN § 21202
Financial Code - FIN - FIN § 21202
Every pawnbroker shall enter at the time of the transaction, in records of loans and pledges kept by him for that purpose, the date, duration, amount, and rate of interest or charges of every loan made by him, a reasonably accurate description of the property pledged, the name an
-
Open
Financial Code - FIN - FIN § 21203
Financial Code - FIN - FIN § 21203
Any property held in pawn which is not subject to a hold pursuant to Section 21647 of the Business and Professions Code shall be returned to the pledgor immediately upon redemption of the loan. However, if the property is stored off the business premises of the pawnbroker, follow
-
Open
Financial Code - FIN - FIN § 21204
Financial Code - FIN - FIN § 21204
Every pawnbroker, upon redemption of a loan contract, shall provide the borrower with a receipt that correctly states in detail all of the fees, charges, and compensation paid by the borrower to the pawnbroker.
-
Open
Financial Code - FIN - FIN § 21205
Financial Code - FIN - FIN § 21205
Representatives of the pawnbroker industry shall poll their members annually to gather data relating to the current financial condition of the California pawn industry.
-
Open
Financial Code - FIN - FIN § 21206
Financial Code - FIN - FIN § 21206
Every pawnbroker shall produce his or her records of loans and all pledged property, for inspection by the following persons: (a) Any officer holding a warrant authorizing him or her to search for personal property. (b) Any peace officer or employee designated by the chief of pol
-
Open
Financial Code - FIN - FIN § 21206.7
Financial Code - FIN - FIN § 21206.7
Whenever any property is taken from a pawnbroker by a peace officer which is alleged to be stolen property, the police officer shall give the pawnbroker a receipt for the property which shall contain a description of the property, the reason for seizure, and the names of the pawn
-
Open
Financial Code - FIN - FIN § 21206.8
Financial Code - FIN - FIN § 21206.8
(a) Notwithstanding the provisions of Chapter 12 (commencing with Section 1407) of Title 10 of Part 2 of the Penal Code, whenever property alleged to have been lost, stolen, or embezzled is taken from a pawnbroker, the peace officer, magistrate, court, clerk, or other person havi
-
Open
Financial Code - FIN - FIN § 21207
Financial Code - FIN - FIN § 21207
No pawnbroker shall receive anything in pledge from any person who is a minor.
-
Open
Financial Code - FIN - FIN § 21208
Financial Code - FIN - FIN § 21208
A pawnbroker shall comply with the reporting requirements imposed on secondhand dealers under Article 4 (commencing with Section 21625) of Chapter 9 of Division 8 of the Business and Professions Code.
-
Open
Financial Code - FIN - FIN § 21209
Financial Code - FIN - FIN § 21209
The violation of any provision of this chapter under circumstances where a person knows or should have known that a violation was being committed is a misdemeanor.
-
Open
Financial Code - FIN - FIN § 2121
Financial Code - FIN - FIN § 2121
The commissioner may consult and cooperate with other state or federal money transmission regulators in enforcing and administering this division. They may jointly pursue examinations and take other official action that they are otherwise empowered to take.
-
Open
Financial Code - FIN - FIN § 2122
Financial Code - FIN - FIN § 2122
A licensee shall file a report with the commissioner within five business days after the licensee has reason to know of the occurrence any of the following events: (a) The filing of a petition by or against the licensee under the United States Bankruptcy Code (11 U.S.C. Secs. 101
-
Open
Financial Code - FIN - FIN § 2123
Financial Code - FIN - FIN § 2123
A licensee that is a money services business under the regulations adopted pursuant to the United States Bank Secrecy Act (31 C.F.R. Chapter X) and the agents of the licensee that are money services businesses shall comply with those regulations.
-
Open
Financial Code - FIN - FIN § 2124
Financial Code - FIN - FIN § 2124
(a) A licensee shall maintain the following records for determining its compliance with this division for at least three years: (1) A record of each payment instrument or stored value obligation sold. (2) A general ledger posted at least monthly containing all asset, liability, c
-
Open
Financial Code - FIN - FIN § 2125
Financial Code - FIN - FIN § 2125
A licensee adding or replacing a key individual shall do all of the following: (a) Provide notice to the commissioner within 15 days after the effective date of the key individual’s appointment. (1) Within 90 days of compliance with this subdivision, the commissioner may issue a
-
Open
Financial Code - FIN - FIN § 2127
Financial Code - FIN - FIN § 2127
Before January 1, 2025, a person licensed under this division to engage in the business of money transmission shall not be subject to a provision of the act adding this section to the extent that the provision conflicts with the law in effect on December 31, 2023, or to the exten