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This entry was published on 2014-09-22
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SECTION 47-A
Collateral loan broker dealing with a child
General Business (GBS) CHAPTER 20, ARTICLE 5
§ 47-a. Collateral loan broker dealing with a child. No collateral
loan broker or person in the employ of a collateral loan broker shall
receive or purchase any goods, chattels, wares or merchandise from, or
make any loan or advance or permit to be loaned or advanced to any
child, actually or apparently under the age of eighteen years any money,
or in any manner directly or indirectly receive any goods, chattels,
wares or merchandise from any such child in pledge for loans made or to
be made to it or to any other person or otherwise howsoever. It shall be
no defense to a prosecution for a violation of this section, that in the
transaction upon which the prosecution is based the child acted as the
agent or representative of another, or that the defendant dealt with
such child as the agent or representative of another.