Memphis |
Code of Ordinances |
Title 6. BUSINESS LICENSES AND REGULATIONS |
Chapter 6-60. PAWNBROKERS |
Article 1. GENERAL PROVISIONS |
§ 6-60-15. Damage to pledged property.
Latest version.
If any pledgor, upon redeeming his or her property, finds that it has been damaged and rendered less valuable, the amount of damage done to such property shall be deducted from the amount due the pawnbroker. If the damage done to the property is greater than that amount due the pawnbroker, the pawnbroker shall reimburse the owner for the damage done to such property.
(Code 1967, § 26-25; Code 1985, § 24-30)