Tex. Fin. Code § 371.156 · Subchapter D. OPERATION OF PAWNSHOPS
PAWN TRANSACTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Items that are usually sold as a set are considered a single item and must be included in the same pawn transaction.
(b) A pledged item together with items that are accessories to the pledged item are considered a single item and must be included in the same pawn transaction.
(c) A separate pawn transaction retains its separate character when it is renewed, unless the parties agree otherwise.
(d) A pawnbroker may not divide a pawn transaction into more than one transaction to obtain, or with the effect of obtaining, a total pawn service charge that exceeds the charge authorized for an amount financed that is equal to the total of the amounts financed in the resulting transactions.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.371.htm
- Text hash
- sha256 41a0ccea7f9eb23f65e8047fdf516ea11cd92056bdc7d841aa145d07c06111c2
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.