Amendment status not verified — confirm the current text below against the official source.
Liability of pawn broken in case of fire etc: (1) here pledges is damaged, destroyed or lost by, or in consequence of, fire, or otherwise, the pawnbroker shall nevertheless be liable to pay the value of the pledge as noted in the pawn book to the pawner after deducting the amount of the principal and interest or other charges due to him. (2) A pawnbroker shall be entitled to insure to the extent of the value so noted in the pawn book.