Sale of pawn or pledge—Disposition of surplus moneys

Checkout our iOS App for a better way to browser and research.

The surplus money from the sale, after deducting the amount of the loan, the interest then due on the loan, and the expenses of the notice and sale, shall be paid over by the pawnbroker to the person who would have been entitled to redeem the pledge had the sale not taken place.

(Aug. 6, 1956, 70 Stat. 1042, ch. 970, § 15; Mar. 13, 1985, D.C. Law 5-137,§ 2(c), 31 DCR 5743; Sept. 26, 2012, D.C. Law 19-171, § 302, 59 DCR 6190.)

Prior Codifications

1981 Ed., § 2-1915.

1973 Ed., § 2-2015.

Effect of Amendments

D.C. Law 19-171 enacted this subchapter into law.


Download our app to see the most-to-date content.