Texas § FI.371.169 - UNREDEEMED PLEDGED GOODS
Full text of Texas The Texas Constitution § FI.371.169 — UNREDEEMED PLEDGED GOODS, with citation guidance and answers to common questions.
§ FI.371.169. UNREDEEMED PLEDGED GOODS
UNREDEEMED PLEDGED GOODS; FORFEITURE. (a) A pawnbroker shall hold pledged goods not redeemed by the pledgor on or before the maturity date stated in the pawn ticket issued in connection with a pawn transaction for at least 30 days after that date. (b) On or before the 30th day after the original maturity date, the pledgor may redeem the pledged goods by paying: (1) the originally agreed redemption price; and (2) an additional pawn service charge equal to one-thirtieth of the original monthly pawn service charge for each day after the original maturity date, including the day on which the pledged goods are finally redeemed. (c) Pledged goods not redeemed on or before the 30th day after the original maturity date may, at the option of the pawnbroker, be forfeited to the pawnbroker. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 1235, Sec. 23, eff. Sept. 1, 2001.
Frequently Asked Questions About Texas § FI.371.169
What does The Texas Constitution § FI.371.169 cover?
Section FI.371.169 ("UNREDEEMED PLEDGED GOODS") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § FI.371.169?
A common citation format is "The Texas Constitution § FI.371.169" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.371.169 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.