Current Status Introducing Body:House Bill Number:4172 Primary Sponsor:Witherspoon Committee Number:26 Type of Legislation:GB Subject:Pawnbrokers, lost or stolen property Residing Body:House Current Committee:Labor, Commerce and Industry Computer Document Number:DKA/4651AL.93 Introduced Date:19930506 Last History Body:House Last History Date:19930506 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Witherspoon Sharpe Riser Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
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4172 House 19930506 Introduced, read first time, 26
referred to Committee
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TO AMEND SECTION 40-39-140, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ACCEPTANCE BY PAWNBROKERS OF PROPERTY TO PAWN, SO AS TO PROVIDE FOR THE RETURN OF LOST OR STOLEN PROPERTY WITHOUT CHARGE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-39-140 of the 1976 Code, as added by Act 491 of 1988, is amended to read:
"Section 40-39-140. No pawnbroker shall accept property from a pledgor upon which there is evidence of ownership by a third party without first taking reasonable steps to ascertain its true ownership. Any Such an item accepted for pawn by a pawnbroker and a lost or stolen item accepted for pawn must be returned on demand without fee to the third party owner."
SECTION 2. This act takes effect upon approval by the Governor.