2015 Statutory 90 Day Property Hold - California Pawnbrokers - californiapawnbrokers-2026

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The document outlines the procedures for a statutory 90-day hold on property by peace officers at licensed pawnbrokers or secondhand dealers in California. It details the necessary information to be filled out by law enforcement, the conditions under which property can be held (e.g., if it is lost, stolen, or embezzled), and the responsibilities of both the peace officer and the business regarding notification and handling of the property during this period.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the top portion with the name of the licensed pawnbroker or secondhand dealer, along with their street address, city, state, zip code, and telephone number.
Next, enter the name of the officer placing the hold and their law enforcement agency. Don’t forget to include the case number or department reference number.
Indicate whether the property is lost, stolen, or embezzled by checking the appropriate box. Then choose whether to leave the property with the business or book it into evidence.
List all items placed on statutory hold by entering their ticket numbers and descriptions in the designated section.
Finally, ensure that both the law enforcement officer and store owner/employee sign where indicated to validate the document.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How long is a pawn loan in California?

The loan contract shall provide a loan period that is a minimum of four months, shall set forth the loan period and the date on which the loan is due and payable, and shall clearly inform the pledgor of their right to redeem the pledge during the loan period.

Is a pawn shop loan a good idea?

Know the risks: Because pawnshop loans have high rates and short repayment terms, theyre best reserved for urgent, one-time expenses. Though they can be less expensive than payday and some other high-cost loans, relying on pawnshop loans over and over risks entering a cycle of debt thats difficult to break.

What is the interest rate for pawn shops in California?

You can expect to pay a pawnbroker a higher rate of interest than you would for a high-street loan, but it would normally cost you a lot less than a short-term or payday loan. Youll usually be expected to repay the loan in one payment rather than in instalments.

Who regulates pawn shops in California?

Pawn Shops in California are regulated by the California Department of Justice, which enforces State Financial Code requirements for pawnbrokers. Licensing may be obtained through either the chief of police, the sheriff, or, where appropriate, the police commission.

How does pawning work in California?

Pawn loans are written for four months (120 days). At the end of the loan period, the customer is required to repay the loan in full plus the small amount of interest due, then the collateral is returned.

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How long are typical pawn loans?

Heres how it goes: You hand over your item, the pawnbroker appraises it, and they offer a loanusually 25-60% of the items resale value. Youll get a ticket with the loan amount, interest rate, and repayment timelinetypically 30 to 90 days, depending on state laws. Repay with interest, and your items yours again.

What are the terms of a pawn loan?

Pawn loans typically last between 30 and 90 days but can sometimes be renewed or extended for a fee. Longer loan terms typically come with higher interest rates, as the pawn shop must hold and store your item for a longer period, increasing their risk and cost.

2015 Statutory 90 Day Property Hold - California Pawnbrokers - californiapawnbrokers-2026

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