§ 114.06. RECEIPT TO BE GIVEN FOR PAYMENT OF LOAN.  


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  • Every pawnbroker, upon receiving any payment of money from a borrower, shall give to that person a plain and complete receipt for the payment, specifying separately the amount applied to principal and the amount applied to interest. In a case where the pawnbroker has purchased personal property under an agreement to sell it back at a stipulated price, the pawnbroker shall, on receiving any payment of money from the person from whom the property was purchased, give that person a receipt stating the original purchase price, the stipulated resale price and the amount received.
    (KRS 226.090) (1989 Code, § 114.06) Penalty, see § 114.99