Sale of pledged goods

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44-1623. Sale of pledged goods

A. A pawnbroker shall not sell any items pledged to him as security for a pawn transaction until at least the day after the maturity date.

B. All of a pledgor's right, title and interest in the pledged goods shall pass by operation of law to the pawnbroker, without recourse, on the day after the maturity date.


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