Michigan Compiled Laws
Act 273 of 1917 - Pawnbrokers (446.201 - 446.219)
Section 446.204 - Licensed Pawnbroker; Action Upon Bond.

Sec. 4.
If any person shall be aggrieved by the conduct of any such licensed pawnbroker, and shall recover judgment against him therefor, such person may, after the return unsatisfied, either in whole or in part, of any execution issued upon said judgment, maintain an action in his own name upon the bond of the said pawnbroker in any court having jurisdiction of the amount of said judgment remaining unsatisfied.
History: 1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9687 ;-- CL 1948, 446.204

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 446 - Business Regulation

Act 273 of 1917 - Pawnbrokers (446.201 - 446.219)

Section 446.201 - Pawnbrokers; License Required; Exception; Internet Drop-Off Store Exempt From Licensure.

Section 446.202 - Licenses; Issuance; Contents; Term; Transferability; Fee; Bond; Limitations.

Section 446.203 - Definitions.

Section 446.204 - Licensed Pawnbroker; Action Upon Bond.

Section 446.205 - Record of Property Received; Contents; Inspection; Form of Permanent Record.

Section 446.206 - Statement to Police of Articles Received; Contents.

Section 446.207 - Repealed. 1980, Act 199, Imd. Eff. July 10, 1980.

Section 446.208 - Purchaser's Memorandum of Pawn; Contents.

Section 446.209 - Interest on Loans; Rate; Storage Charge; Time of Payment; Computation; Fee or Excess Charge Prohibited.

Section 446.210 - Title to Item; Sale of Pledged or Pawned Item; Time of Possession.

Section 446.211 - Payment or Tender of Debt Before Sale; Effect as to Title and Right to Property; Agreement to Permit Pawner to Maintain Possession.

Section 446.212 - Misappropriated Property; Effect of Written Hold Order; Delivery of Property to Person Claiming Ownership; Return of Property to Pawnbroker; Liability; "Appropriate Law Enforcement Official" Defined.

Section 446.213 - Pawned Property; Destruction or Defacing Unlawful; Visibility of Serial Number or Insignia.

Section 446.214 - Pawned Property; Acceptance From Certain Persons Prohibited.

Section 446.216 - Bond of Complainant; Amount, Surety.

Section 446.217 - Transaction of Business on Sunday Unlawful.

Section 446.218 - Violation of Act; Penalty.

Section 446.219 - Violation of Act; Revocation of License; Duration.