§ 446.201 Pawnbrokers; license required; exception; internet drop-off store exempt from licensure
§ 446.202 Licenses; issuance; contents; term; transferability; fee; bond; limitations
§ 446.203 Definitions
§ 446.204 Licensed pawnbroker; action upon bond
§ 446.205 Record of property received; contents; inspection; form of permanent record
§ 446.206 Statement to police of articles received; contents
§ 446.208 Purchaser’s memorandum of pawn; contents
§ 446.209 Interest on loans; rate; storage charge; time of payment; computation; fee or excess charge prohibited
§ 446.210 Title to item; sale of pledged or pawned item; time of possession
§ 446.211 Payment or tender of debt before sale; effect as to title and right to property; agreement to permit pawner to maintain possession
§ 446.212 Misappropriated property; effect of written hold order; delivery of property to person claiming ownership; return of property to pawnbroker; liability; “appropriate law enforcement official” defined
§ 446.213 Pawned property; destruction or defacing unlawful; visibility of serial number or insignia
§ 446.214 Pawned property; acceptance from certain persons prohibited
§ 446.216 Bond of complainant; amount, surety
§ 446.217 Transaction of business on Sunday unlawful
§ 446.218 Violation of act; penalty
§ 446.219 Violation of act; revocation of license; duration

Terms Used In Michigan Laws > Chapter 446 > Act 273 of 1917

  • Chief executive officer: means any of the following:
  (i) For a city, the mayor. See Michigan Laws 446.203
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • felony: when used in this act, shall be construed to mean an offense for which the offender, on conviction may be punished by death, or by imprisonment in state prison. See Michigan Laws 750.7
  • Governmental unit: means a city, township, charter township, county, or incorporated village. See Michigan Laws 446.203
  • in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
  • Internet drop-off store: means a person, corporation, or firm that contracts with other persons, corporations, or firms to offer its personal property or other valuable thing for sale, purchase, consignment, or trade through means of an internet website and meets the conditions described in section 1(3). See Michigan Laws 446.203
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Local police agency: means the police agency of the city, village, or township, or if none, the county sheriff of the county in which the internet drop-off store conducts business. See Michigan Laws 446.203
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • month: means a calendar month; the word "year" a calendar year; and the word "year" alone shall be equivalent to the words "year of our Lord". See Michigan Laws 8.3j
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Pawnbroker: means a person, corporation, or member, or members of a copartnership or firm, who loans money on deposit, or pledge of personal property, or other valuable thing, other than securities or printed evidence of indebtedness, or who deals in the purchasing of personal property or other valuable thing on condition of selling the same back again at a stipulated price. See Michigan Laws 446.203
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Personal property: All property that is not real property.
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • seal: shall be construed to include any of the following:

    (a) The impression of the seal on the paper alone. See Michigan Laws 8.3n

  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC