Any person who loans money on deposit of personal property, or who deals in the purchase of personal property on condition of selling the property back again at a stipulated price, or who makes a public display at his place of business of the sign generally used by pawnbrokers to denote their business, or who publicly exhibits a sign advertising money to loan on personal property or deposit is a pawnbroker.
KRS 226.010
Pawnbroker defined
Applied in 2 court decisions — leading case Peel v. Dummit, Atty. Gen. (1948)
Most recently applied in Commonwealth ex rel. Chandler v. Kentucky Title Loan, Inc. (June 1999)
Effective: October 1, 1942 History: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.