Louisiana Revised Statutes Tit. 37, § 1801. Condition for sale of used motor vehicles; “title only” pawn transactions prohibited

A. Notwithstanding any other provisions of the law to the contrary, except where a pawnbroker possesses a valid used motor vehicle dealer's license issued pursuant to R.S. 32:771 et seq., he shall not sell a used motor vehicle which he possesses or which he displays for sale except to one of the following:

B. The terms “used motor vehicle” and “used motor vehicle dealer” as used in this Section shall have the meaning ascribed in R.S. 32:771.

C. Repealed by Acts 1995, No. 758, § 2. eff. June 27, 1995.

D. Under no circumstances shall the practice commonly referred to as motor vehicle “title only” pawn transactions be allowed in this state. Every motor vehicle subject to a pawn transaction shall be stored at the business location at which the transaction occurred or at any other location in this state secured or maintained by the pawnbroker.