A pledgor is not obligated to redeem pledged goods or to make a payment on a pawn transaction.
Tex. Fin. Code § 371.170
REDEMPTION OR PAYMENT BY PLEDGOR NOT REQUIRED
Known as the Texas Pawnshop Act
The act spans §§ 371.001 to 371.306 (95 sections).
Applied in 1 court decision — leading case CASH AMERICA ADVANCE, INC. v. Prado (2008)
Most recently applied in CASH AMERICA ADVANCE, INC. v. Prado (September 2008)
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.