N.J. Stat. § 45:22-1
Short title; definitions
New Jersey · New Jersey Statutes Title 45 — Professions and Occupations · Status: effective
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- Citation
- N.J. Stat. § 45:22-1, Short title; definitions, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1474517
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Full text
This article shall be known as the "pawnbroking law" .
In this article, unless the context otherwise requires:
"Pawnbroker" means any person, partnership, association or corporation lending money on deposit or pledge of personal property, other than choses in action, securities, or printed evidences of indebtedness; or purchasing personal property on condition of selling it back at a stipulated price; or doing business as furniture storage warehouseman and lending money on goods, wares or merchandise pledged or deposited as collateral security.
"Pledge" means an article or articles deposited with a pawnbroker in the course of his business.
"Pledgor" means a person who delivers the pledge into the possession of a pawnbroker, unless such person discloses that he is or was acting for another, and in such an event "pledgor" means the disclosed principal.