Statute · California Financial Code

Cal. Fin. Code § 21002 — Definitions

Cal. Fin. Code § 21002

Type
Statute
Source
California Financial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

(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.

Citator

Cal. Fin. Code § 21002 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

(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.