No person shall, in any city or town of this state, engage in or carry on the business of a pawnbroker unless such person is licensed in accordance with section 21-40 ; but the provisions of this chapter shall apply only if such property is deposited with a lender, and shall not apply to loans made upon stock, bonds, notes or other written or printed evidence of ownership of property or of indebtedness to the holder or owner of any such securities.
Conn. Gen. Stat. § 21-39
Pawnbroker license required. Loans on intangible property excepted
Applied in 1 court decision — leading case ACE Partners, LLC v. Town of E. Hartford (2018)
Most recently applied in ACE Partners, LLC v. Town of E. Hartford (February 2018)
(1949 Rev., S. 4663; P.A. 97-164, S. 1; P.A. 11-100, S. 2.) History: P.A. 97-164 added references to “limited liability company”; P.A. 11-100 made conforming changes re definiti…
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.