Sec. 29. A pawnbroker shall be liable for the loss of a pledge resulting from the pawnbroker's failure to exercise reasonable care in regard to it, but the pawnbroker shall not be liable for the loss of a pledge which could not have been avoided by the exercise of reasonable care. The burden of proof to establish due care shall be upon the pawnbroker.
Ind. Code § 28-7-5-29
Liability for loss to pledger; due care
Known as the Pawnbroking Law
The act spans §§ 28-7-5-1 to 28-7-5-9.1 (52 sections).
Formerly: Acts 1935, c.195, s.28
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.