This act [56-12-1 through 56-12-16] may be cited as the "Pawnbrokers Act."
History: Laws 1985, ch. 228, § 1.
Applicability. — The Pawnbrokers Act only applies to those pawns arising after the effective date of the act. Wing Pawn Shop v. Taxation & Rev. Dep't, 1991-NMCA-024, 111 N.M. 735, 809 P.2d 649).
Structure 2021 New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Section 56-12-1 - Short title.
Section 56-12-2 - Definitions.
Section 56-12-4 - Permits required; inspection fee; penalty.
Section 56-12-5 - Administration; applicability of other laws.
Section 56-12-6 - Pawnbroker; bond required.
Section 56-12-7 - Application for permit; requirements.
Section 56-12-8 - Suspension or revocation of permit; notice; hearing.
Section 56-12-9 - Pawnbroker reports; records; delivery; violations.
Section 56-12-10 - Pawn ticket.
Section 56-12-11 - Default; disposition of pledged property.
Section 56-12-12 - Record of disposition of pledged property.
Section 56-12-13 - Pawn service charge.
Section 56-12-14 - Prohibited practices.