Pawnbrokers in unincorporated LA County operate under California Financial Code §21000 plus LACO Title 7.18, with a 90-day minimum loan term and 60-day grace period before any pledge can be sold. Daily reporting goes to LASD through the CAPSS system.
California Financial Code sections 21000 to 21304 set the statewide pawnbroker scheme, capping interest, mandating a 90-day minimum loan term with a 60-day grace period, and limiting the fees a pawnbroker may charge. The state Department of Financial Protection and Innovation issues the underlying license. LACO Title 7.18 layers on a Sheriff-issued business license requiring background checks and premises inspection. Pawnbrokers in LA County submit daily pledge reports through the LASD CAPSS (California Pawn and Secondhand Property System), feeding statewide stolen-property checks. Photo ID and thumbprint are required from every customer. Interest, storage, and lost-ticket fees are capped statewide; local fee add-ons are preempted by state law.
Skipping CAPSS reporting or violating the 90-day loan term is a misdemeanor under Financial Code section 21202 and LACO Title 1.25, with fines up to $1,000, license revocation, jail up to six months, and pledge restitution to the customer.
See how Santa Monica's pawnbrokers rules stack up against other locations.
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