Indiana Statutes
§ 28-7-5-22 — Presumptive right of ticket holder to redeem; compliance with local ordinance or law concerning pledge retention
Indiana § 28-7-5-22
This text of Indiana § 28-7-5-22 (Presumptive right of ticket holder to redeem; compliance with local ordinance or law concerning pledge retention) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 28-7-5-22 (2026).
Text
(a)The holder of a ticket described in section
21 of this chapter shall be presumed to be the person entitled to redeem
the pledge, and, except as provided in subsection (b), the pawnbroker
shall deliver the pledge to the person presenting the ticket, upon
payment of principal, interest and charge.
(b)If a local ordinance or other law requires the retention of the
pledge for a specific period of time, the pawnbroker shall comply with
the local ordinance or other law if the retention period does not exceed
ten (10) days.
Formerly: Acts 1935, c.195, s.22. As amended by P.L.14-1992,
SEC.147; P.L.35-2010, SEC.177.
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Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrowsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 28-7-5-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-7-5-22.