New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 12 - Pawnbrokers

Section 56-12-1 - Short title. - This act [56-12-1 through 56-12-16] may be cited as the...

Section 56-12-2 - Definitions. - As used in the Pawnbrokers Act: A. "pawnbroker" means a...

Section 56-12-3 - Purpose. - The purpose of the Pawnbrokers Act is to: A. prevent...

Section 56-12-4 - Permits required; inspection fee; penalty. - A. In addition to any occupational or other license required...

Section 56-12-5 - Administration; applicability of other laws. - A. The local government shall adopt such rules and regulations...

Section 56-12-6 - Pawnbroker; bond required. - No person shall engage in business as a pawnbroker without...

Section 56-12-7 - Application for permit; requirements. - A. Each application for an original or a renewal permit...

Section 56-12-8 - Suspension or revocation of permit; notice; hearing. - A. The local government authority may institute proceedings for the...

Section 56-12-9 - Pawnbroker reports; records; delivery; violations. - A. Every pawnbroker shall each day accurately complete a report...

Section 56-12-10 - Pawn ticket. - A. Every pawnbroker shall at the time of each pawn...

Section 56-12-11 - Default; disposition of pledged property. - A. Except as otherwise specified in this section, upon default...

Section 56-12-12 - Record of disposition of pledged property. - Every pawnbroker shall keep a permanent record, fully itemized, of...

Section 56-12-13 - Pawn service charge. - A. For the first thirty-day period of the pawn transaction,...

Section 56-12-14 - Prohibited practices. - A pawnbroker shall not: A. knowingly enter into a pawn...

Section 56-12-15 - General penalties. - Any permitholder who is found guilty of a violation of...

Section 56-12-16 - Forfeiture. - The violation of any provision of the Pawnbrokers Act in...