Maturity Date of a Pawn Transaction Law and Legal Definition

Under Tennessee law, the maturity date of the pawn transaction is defined as "the date the pawn transaction is due to be paid, which date shall not be less than thirty (30) days after the date of the pawn transaction. A pawnbroker must hold pawned goods for a minimum of 60 days.” In re Hatman, 2009 Bankr. LEXIS 2588 (Bankr. M.D. Tenn. Aug. 31, 2009)