Section 63.11. Receipts  


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  • (a) Licensees shall furnish to the pledgor, or to the person making payment on a loan, a receipt showing all of the following information:

    (1) Serial number of the pawn ticket upon which payment is made.

    (2) Date of payment.

    (3) Amount paid on principal of the loan.

    (4) Total amount paid for charges, including interest, fees for storage, insurance, investigation and other services.

    (5) The amounts, if any, paid to the licensee for cleaning, pressing, repairing or other similar services to the pledged property, which were requested by the pledgor. The amounts shall be itemized and identified.

    (b) The receipts shall be prepared in duplicate. One copy shall be retained by the licensee and shall be filed with the pledgor’s copies of redeemed pawn tickets.