Virginia Code 54.1-4000: Definition of pawnbroker
Current as of: 2022 | Check for updates | Other versions
“Pawnbroker” means any natural person who lends or advances money or other things for profit on the pledge and possession of tangible personal property, or other valuable things, other than securities or written or printed evidences of indebtedness or title, or who deals in the purchasing of personal property or other valuable things on condition of selling the same back to the seller at a stipulated price.
Terms Used In Virginia Code 54.1-4000
- Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230
- Personal property: All property that is not real property.
Code 1950, § 54-840; 1988, c. 765; 1998, c. 848; 2019, c. 238.