Liability Of Pawnbroker In New Jersey
Added January 17th, 2014 · Updated January 21st, 2014
New Jersey Statutes Annotated
Title 45. Professions and Occupations (Refs & Annos)
Subtitle 2. Occupations Subject to Other Regulation
Chapter 22. Pawnbrokers and Dealers in Secondhand Goods (Refs & Annos)
Article 1. General Provisions
45:22-24. Pawnbroker's liability; degree of care required; burden of proof
A pawnbroker shall be liable for the loss of a pledge or part thereof, or for injury thereto, whether caused by fire, theft, burglary or otherwise, resulting from his failure to exercise reasonable care in regard to it, but he shall not be liable, in the absence of an express agreement to the contrary, for the loss of a pledge or part thereof, or for injury thereto, which could not have been avoided by the exercise of such care. The burden of proof to establish reasonable care shall be upon the pawnbroker.
Cite as N.J. Stat. Ann. § 45:22-24
Title 45. Professions and Occupations (Refs & Annos)
Subtitle 2. Occupations Subject to Other Regulation
Chapter 22. Pawnbrokers and Dealers in Secondhand Goods (Refs & Annos)
Article 1. General Provisions
45:22-24. Pawnbroker's liability; degree of care required; burden of proof
A pawnbroker shall be liable for the loss of a pledge or part thereof, or for injury thereto, whether caused by fire, theft, burglary or otherwise, resulting from his failure to exercise reasonable care in regard to it, but he shall not be liable, in the absence of an express agreement to the contrary, for the loss of a pledge or part thereof, or for injury thereto, which could not have been avoided by the exercise of such care. The burden of proof to establish reasonable care shall be upon the pawnbroker.
Cite as N.J. Stat. Ann. § 45:22-24
Laws change and requirements vary by state. This is general information and may be out of date. Check the official state sources, or ask a lawyer, before relying on it.
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