5613-S AMH CL KELL1 heav
By Representative Heavey
SSB 5613 - H COMM AMD ADOPTED 4-11-91
By Committee on Commerce & Labor
On page 2, after line 29, insert:
"(10) "Negotiable written instruments" include, but are not limited to, stocks, bonds, notes, or promissory notes, and checks of any kind, and shall not be accepted nor shall they constitute personal property for the purpose of a loan transaction."
EFFECT: Prohibits the pawning of negotiable instruments, such as checks.