Texas Finance Code 371.175 – Property Identification Tags Required
Current as of: 2024 | Check for updates
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(a) A pawnshop shall identify by a tag or similar means each item of goods located in the pawnshop that:
(1) has a retail or sale value of more than $25; and
(2) can be tagged or similarly identified.
(b) This section does not apply to:
(1) the personal effects of a person in the pawnshop; or
(2) furniture, fixtures, or equipment of the pawnshop.
Terms Used In Texas Finance Code 371.175
- Effects: includes all personal property and all interest in that property. See Texas Government Code 312.011
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005