N.J.S.A. 45:22-5

Pawnbroker must be insured

45:22-5. Pawnbroker must be insured Each pawnbroker licensed pursuant to the provisions of this article shall be required by the commissioner of banking and insurance to furnish proof that he is adequately covered by insurance, bond or cash surplus to cover any pledgor in the event of loss by fire, theft, burglary or otherwise, or his liability to the pledgor.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 45:22-5, 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.

N.J.S.A. 45:22-5 — Pawnbroker must be insured | Kyzer