                                 CODE OF VIRGINIA

CARE OF TANGIBLE PERSONAL PROPERTY; EVALUATION FEE (§ 54.1-4013)

A. Pawnbrokers shall store, care for and protect all of the tangible personal
property in the pawnbroker&#8217;s possession and protect the property from
damage or misuse. Nothing in this chapter shall be construed to mean that
pawnbrokers are insurers of pawned property in their possession.

B. A pawnbroker may charge a monthly storage fee for any items requiring
storage, which fee shall not exceed five percent of the amount loaned on such
item.

HISTORY: Code 1950, § 54-856; 1988, c. 765; 1998, c. 848.