Every pawnbroker shall keep a permanent record, fully itemized, of all pledged property disposed of following default by the pledgor. The record shall include the following:
- A. the number of the pawn transaction;
- B. the name and address of the pledgor;
- C. the date of the pawn transaction and the date of the last payment received as service charge or on principal;
- D. the date of disposition of the pledged property pursuant to Section 11 [56-12-11 NMSA 1978] of the Pawnbrokers Act;
- E. the method of disposition of the pledged property; and
- F. the amount and disposition of any surplus following disposition of the pledged property.
History: Laws 1985, ch. 228, § 12.