Added by Stats. 2024, Ch. 185, Sec. 3. (SB 1198) Effective January 1, 2025.
In addition to other allowed charges, a pawnbroker may collect a remote transaction fee, if the pledgor elects to request a replacement loan or to redeem a loan through electronic means, of up to 3.0 percent of the transaction amount to cover the recurring costs associated with software applications.
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