CHAPTER 1. General Provisions [21000. - 21051.]

Chapter 1 enacted by Stats. 1951, Ch. 364.

§§ 21000–21051 · 7 sections

1. ARTICLE 1. Definitions §§ 21000–21003 · 5 sections

   • § 21000 Every person engaged in the business of receiving goods, including motor vehicles, in pledge as security for a loan is a pawnbroker within the meaning of this…
   • § 21000.7 As used in this division “receiving goods as security for a loan” does not include a good faith purchase of goods.
   • § 21001 “Compensation” includes expenses, interest, disbursements, storage charges, and all other charges of any nature in connection with a loan or forbearance.
   • § 21002 (a) As used in this division, “pledged property” is property held as security for a loan, the title to which remains with the pledgor and has not passed to the…
   • § 21003 For purposes of this division, the term “month” means a period of time consisting of 30 consecutive calendar days.
2. ARTICLE 2. Exceptions to This Division §§ 21050–21051 · 2 sections

   • § 21050 This division does not apply to any of the following: (a) Any corporation organized for the purpose of securing credit from any federal intermediate credit…
   • § 21051 (a) The limitations with respect to rates and charges set forth in Sections 21200 and 21200.5 do not apply to any loan of a bona fide principal amount of two…