Tex. Finance Code § 371.156
PAWN TRANSACTION
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 371.156, PAWN TRANSACTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647885
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Full text
(a) Items that are usually sold as a set are considered a single item and must be included in the same pawn transaction.
(b) A pledged item together with items that are accessories to the pledged item are considered a single item and must be included in the same pawn transaction.
(c) A separate pawn transaction retains its separate character when it is renewed, unless the parties agree otherwise.
(d) A pawnbroker may not divide a pawn transaction into more than one transaction to obtain, or with the effect of obtaining, a total pawn service charge that exceeds the charge authorized for an amount financed that is equal to the total of the amounts financed in the resulting transactions.