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Terms Used In Tennessee Code 45-6-217

  • 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.
  • Pawnbroker: means any person, partnership or corporation engaged in the business of lending money on the security of pledged goods. See Tennessee Code 45-6-203

Every licensee under this part shall cause the name of the pawnbroker, firm or corporation, with the words, “Licensed Pawnbroker” to be printed or painted, in large, legible characters, and placed over the outside of the door or entrance of the shop, office, or place of business.