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 Wellington
 Municipal Code
 Chapter 6. Business Licenses and Regulations
 Article 5. Pawnbrokers

  § 6-5-50. Records and inspection.  

Latest version.

  • (a)

    Every pawnbroker shall keep books and records sufficient to identify each pledge, together with the pledgor's name, age, current address, sex or other pertinent information such as make and license number of his or her automobile and driver's license number, if any, as may be deemed necessary by the designated law enforcement officer to properly identify such pledgor.

    (b)

    All transactions shall be entered in a book of numerical sequence in the order in which they occur, together with the date of each transaction, the amount, length and terms of the loan, the article pledged, and the serial number, name, make and model or other specific information as may be deemed necessary by the designated law enforcement officer in order to distinguish and assist in the identification of the article pledged. The books and records of the licensee shall also reveal the date on which each loan was terminated and whether it was redeemed, renewed or forfeited and sold. Further, all entries must be made in the English language in a legible manner, and shall be preserved and made accessible for inspection for a period of two (2) years after the redemption or forfeiture and sale of the pledge.

    (c)

    Such books and records shall be open to the inspection of any law enforcement agent of the Town during regular business hours. Upon demand of any such agent, the pawnbroker shall exhibit for inspection by such agent any personal property or merchandise that may be in the pawnbroker's possession that has been purchased by or pawned to him or her. A copy of any pawn record required under this Article, together with a copy of the record of each purchase of personal property or merchandise by a pawnbroker, shall be made available to the designated law enforcement officer each day so that the designated law enforcement officer may maintain a complete record of all business transactions of the pawnbroker. No charge shall be made to the Town for furnishing such records, and it shall be the responsibility of the Town to pick up the copies from the pawnbroker. (Prior code 6.06.05)