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Current as of January 01, 2025 | Updated by Findlaw Staff
No pawnbroker shall sell any pawn or pledge item until (i) it has been in his possession for the minimum term set forth in the memorandum, but not less than 30 days, plus a grace period of 15 days and (ii) a statement of ownership is obtained from the pawner. If a motor vehicle is pawned, the owner of the motor vehicle shall comply with the requirements of § 46.2-637. In the event of default by the pawner, the pawnbroker shall comply with the requirements of § 46.2-633. Otherwise, the pawnbroker shall comply with the requirements of § 46.2-636 et seq. All sales of items pursuant to this section may be made by the pawnbroker in the ordinary course of his business.
Cite this article: FindLaw.com - Virginia Code Title 54.1. Professions and Occupations § 54.1-4005. Sale of goods pawned - last updated January 01, 2025 | https://codes.findlaw.com/va/title-54-1-professions-and-occupations/va-code-sect-54-1-4005/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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