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§ 45-22-1 — New Jersey Law | CourtGPT
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New Jersey Legal Code

§ 45-22-1

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45:22-1. Short title; definitions This article shall be known as the 'pawnbroking law' . In this article, unless the context otherwise requires: 'Pawnbroker' means any person, partnership, association or corporation lending money on deposit or pledge of personal property, other than choses in action, securities, or printed evidences of indebtedness; or purchasing personal property on condition of selling it back at a stipulated price; or doing business as furniture storage warehouseman and lending money on goods, wares or merchandise pledged or deposited as collateral security. 'Pledge' means an article or articles deposited with a pawnbroker in the course of his business. 'Pledgor' means a person who delivers the pledge into the possession of a pawnbroker, unless such person discloses that he is or was acting for another, and in such an event 'pledgor' means the disclosed principal.