226.050 Pawnbroker to give ticket and receipt for articles -- Sale after sixty days --
162 words·~1 min read·
/ky/226-050A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notice before sale.
(1)Every pawnbroker shall give a plain written or printed ticket for the loan to the
person negotiating or selling, and a plain written or printed receipt of the articles
that have been purchased, or upon which money is loaned, having on each a copy of
the entries required by KRS 226.040 to be kept in his register. He shall not make
any charge for the ticket or receipt.
(2)A pawnbroker may sell any article pawned after the expiration of sixty
(60)days
from the maturity of the loan, provided that, not less than ten
(10)days before
making the sale, the pawnbroker shall have given notice to the person by whom the
article was pawned, by mail addressed to the post office address of such person as
shown on the pawnbroker's register, notifying such person that, unless he redeems
the article within ten
(10)days from the date of mailing said notice, the article will
be sold.