N.J.S.A. 45:22-1 — Short title; definitions

45:22-1. Short title; definitions 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.

This is the verbatim text of N.J.S.A. 45:22-1, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.