Section 47-A. Collateral loan broker dealing with a child  


Latest version.
  • 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.