A pawnbroker, at the time of a loan, shall deliver to the person pawning or pledging any goods, article or thing, a memorandum or note signed by him or her containing the substance of the entry required to be made by him or her in his or her book as provided in Section 862.05. No charge shall be made or received by any pawnbroker for any such entry, memorandum or note. The memorandum or note shall be consecutively numbered and upon its back shall be printed in English, in type as large as that in which the public acts of the State are printed, the following words: “If interest or charges in excess of three percent per month, plus storage charges hereinafter provided, are asked or received, this loan is void and of no effect; and the borrower cannot be made to pay back the money loaned or any interest, or any charges of any part thereof, and the pawnbroker loses all right to the possession of the goods, article or thing pawned, and shall surrender the same to the borrower or pawner upon due demand therefor.”
(Res. 2014-110. Passed 3-17-14.)