Minnesota § 325J.095 MOTOR VEHICLE TITLE PAWN TRANSACTIONS; SPECIAL PROVISIONS

Minnesota Statutes

§ 325J.095 — MOTOR VEHICLE TITLE PAWN TRANSACTIONS; SPECIAL PROVISIONS

Minnesota § 325J.095

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 325JPAWNBROKERS

This text of Minnesota § 325J.095 (MOTOR VEHICLE TITLE PAWN TRANSACTIONS; SPECIAL PROVISIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 325J.095 (2026).

Text

(a)In addition to the other requirements of this chapter, a pawnbroker who holds a title to a motor vehicle as part of a pawn transaction shall:

(1)be licensed as a used motor vehicle dealer under section168.27, and post such license on the pawnshop premises;

(2)verify that there are no liens or encumbrances against the motor vehicle with the Department of Public Safety; and

(3)verify that the pledgor has automobile insurance on the motor vehicle as required by law.

(b)A pawnbroker may not sell a motor vehicle covered by a pawn transaction until 90 days after recovery of the motor vehicle.

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(a) In addition to the other requirements of this chapter, a pawnbroker who holds a title to a motor vehicle as part of a pawn transaction shall:
(1) be licensed as a used motor vehicle dealer under section168.27, and post such license on the pawnshop premises;
(2) verify that there are no liens or encumbrances against the motor vehicle with the Department of Public Safety; and
(3) verify that the pledgor has automobile insurance on the motor vehicle as required by law.
(b) A pawnbroker may not sell a motor vehicle covered by a pawn transaction until 90 days after recovery of the motor vehicle.