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DIVISION 8. PAWNBROKERS 21000-21307›CHAPTER 1. General Provisions 21000-21051›ARTICLE 1. Definitions 21000-21003

§ 21002

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

(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 pawnbroker pursuant to Section 21201.

(b) “Vested property” is property the title to which has been transferred from the pledgor to the pawnbroker pursuant to Section 21201. Vested property is not pledged property.

(Added by Stats. 1983, Ch. 1128, Sec. 1.)

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California Financial Code

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