§ 54.1-4013. Care of tangible personal property; evaluation fee
A. Pawnbrokers shall store, care for and protect all of the tangible personal property in the pawnbroker's possession and protect the property from damage or misuse. Nothing in this chapter shall be construed to mean that pawnbrokers are insurers of pawned property in their possession.
B. A pawnbroker may charge a monthly storage fee for any items requiring storage, which fee shall not exceed five percent of the amount loaned on such item.
(Code 1950, § 54-856; 1988, c. 765; 1998, c. 848.)
Sections: Previous 54.1-4000 54.1-4001 54.1-4002 54.1-4003 54.1-4004 54.1-4005 54.1-4006 54.1-4008 54.1-4009 54.1-4010 54.1-4011 54.1-4012 54.1-4013 54.1-4014 NextLast modified: April 3, 2009