N.Y. General Business Law § 52: Term "collateral loan broker", how to be construed

§ 52. Term "collateral loan broker", how to be construed. The term

"collateral loan broker" contained in this article shall be construed so

as to include any person, partnership, or corporation: (1) loaning money

on deposit or pledge of personal property, other than securities or

printed evidences of indebtedness; or (2) dealing in the purchasing of

personal property on condition of selling back at a stipulated price; or

(3) designated or doing business as furniture storage warehousemen, and

loaning and advancing money upon goods, wares or merchandise pledged or

deposited as collateral security.