Ohio § 4727.12
Full text of Ohio Ohio Revised Code § 4727.12, with citation guidance and answers to common questions.
§ 4727.12.
(A) A person licensed as a pawnbroker shall retain any goods or articles purchased by
the licensee until the expiration of fifteen days after the purchase is made. The licensee may dispose of such goods or articles sooner with the written permission
of the chief of police of the municipal corporation or township in which the licensee's
place of business is located or, if the place of business is not located within a
municipal corporation or township that has a chief of police, with the written permission
of the sheriff of the county in which the business is located. (B) If the chief of police or sheriff to whom the licensee makes available the information
required by section 4727.09 of the Revised Code has probable cause to believe that the article described therein is stolen property,
the chief or sheriff shall notify the licensee in writing. Upon receipt of such a notice, the licensee shall retain the article until the expiration
of thirty days after the day on which the licensee is first required to make available
the information required by section 4727.09 of the Revised Code , unless the chief or sheriff notifies the licensee in writing that the licensee is
not required to retain the article until such expiration. (C) If the chief or sheriff receives a report that property has been stolen and determines
the identity of the person claiming to be the true owner of the allegedly stolen property
that has been purchased or pawned and is held by a licensee, and informs the licensee
of the claimant's identity, the licensee may restore the allegedly stolen property
to the claimant directly. If a licensee fails to restore the allegedly stolen property, the claimant may recover
the property from the licensee in an action at law. (D) If the licensee returns the allegedly stolen property to the claimant, the licensee
may charge the person who pledged or sold the allegedly stolen property to the licensee,
and any person who acted in consort with the pledgor or the seller to defraud the
licensee, the amount the licensee paid or loaned for the allegedly stolen property,
plus interest and storage charges provided for in section 4727.06 of the Revised Code .
Frequently Asked Questions About Ohio § 4727.12
What does Ohio Revised Code § 4727.12 cover?
Section 4727.12 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 4727.12?
A common citation format is "Ohio Revised Code § 4727.12" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 4727.12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.