Sec. 6. A loan company or pawnbroker that possesses a license issued by the state or by a municipal corporation shall make a report, in writing, to the adjutant general, on a form prescribed and furnished by the adjutant general, showing, by item and serial number, all property of the United States government:

(1) received as security for a loan or loans of money; or

Terms Used In Indiana Code 10-16-10-6

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(2) purchased or otherwise obtained without the advancement of a loan;

and which is marked with the words “Property of the United States Government” or is stamped as to indicate that it is the property of one (1) of the military branches of the United States government.

[Pre-2003 Recodification Citation: 10-2-6-8.]

As added by P.L.2-2003, SEC.7.