Texas Statutes
Subchapter D. Operation of Pawnshops
Section 371.156. Pawn Transaction

Sec. 371.156. PAWN TRANSACTION. (a) Items that are usually sold as a set are considered a single item and must be included in the same pawn transaction.
(b) A pledged item together with items that are accessories to the pledged item are considered a single item and must be included in the same pawn transaction.
(c) A separate pawn transaction retains its separate character when it is renewed, unless the parties agree otherwise.
(d) A pawnbroker may not divide a pawn transaction into more than one transaction to obtain, or with the effect of obtaining, a total pawn service charge that exceeds the charge authorized for an amount financed that is equal to the total of the amounts financed in the resulting transactions.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Structure Texas Statutes

Texas Statutes

Finance Code

Title 4 - Regulation of Interest, Loans, and Financed Transactions

Subtitle C - Pawnshops

Chapter 371 - Pawnshops

Subchapter D. Operation of Pawnshops

Section 371.151. Hours of Operation

Section 371.152. Recordkeeping

Section 371.153. Notice of Operation of Other Business

Section 371.154. Insurance and Bond

Section 371.155. Pawnshop Security

Section 371.156. Pawn Transaction

Section 371.157. Pawn Ticket

Section 371.158. Amount Financed

Section 371.159. Pawn Service Charge

Section 371.160. Maturity Date; Memorandum of Extension

Section 371.161. Early Redemption: Reduction of Pawn Service Charge

Section 371.162. Presentation of Ticket; Presumption

Section 371.163. Lost or Destroyed Ticket

Section 371.164. Duty of Reasonable Care

Section 371.165. Return of Pledged Goods

Section 371.166. Redemption by Mail

Section 371.167. Lost or Damaged Goods

Section 371.168. Exemption From Criminal Liability

Section 371.169. Unredeemed Pledged Goods; Forfeiture

Section 371.170. Redemption or Payment by Pledgor Not Required

Section 371.171. Agreement Requiring Pledgor's Personal Liability Prohibited

Section 371.172. Waiver of Pledgor's Rights Prohibited

Section 371.173. Insurance Charge Limited

Section 371.174. Identification of Pledgor or Seller Required

Section 371.175. Property Identification Tags Required

Section 371.176. Transactions With Minors or Persons Under the Influence of Alcohol or Drugs Prohibited

Section 371.177. Purchase of Used Personal Property

Section 371.178. Acceptance of Building Construction Materials

Section 371.179. Displays of Certain Weapons Prohibited

Section 371.180. Advertisements

Section 371.181. Stolen Goods

Section 371.182. Hold Period

Section 371.183. Consumer Information