<div class="chunk-title">Sec. 5-81. - Requirements for licensure.</div>
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            <p class="incr0">
               (a)
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               To be eligible for a pawnbroker's license, an applicant must:
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               (1)
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               Be of good moral character; and
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               (2)
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               Not have been convicted of a felony within the last ten (10) years.
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               (b)
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               Every person, firm or corporation desiring to engage in the business of pawnbroker
               shall petition the appropriate city or county agency in the area in which the pawnshop
               is to be operated for a license to conduct such business. Such petitions shall provide:
               </p>
            		
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               (1)
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            <p class="content2">
               The name and address of the person, and, in case of a firm or corporation, the names
               and addresses of the persons composing such firm, or of the officers, directors, and
               stockholders of such corporation, excluding shareholders of publicly traded companies;
               </p>
            		
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               (2)
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               The name of the business and the street and mailing address where the business is
               to be operated;
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               (3)
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               A statement indicating the amount of net assets or capital proposed to be used by
               the petitioner in operation of the business. This statement shall be accompanied by
               an unaudited statement from an accountant or certified public accountant verifying
               the information contained in the accompanying statement;
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               (4)
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               An affidavit by the petitioner that he has not been convicted of a felony; and
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               (5)
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               A certificate from the chief of police, or sheriff of the county, or the state bureau
               of investigation that the petitioner has not been convicted of a felony.
               </p>
            		
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               (c)
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               Licenses shall be granted under this article by the city if the pawnshop is to be
               operated within the corporate limits of a city as defined by North Carolina General
               Statutes 160A-1, and by a county if it is to be operated outside the corporate limits
               of any city as defined by North Carolina General Statutes 160A-1.
               </p>
            		
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               (d)
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               Any license granted under this article may be revoked by the county or city issuing
               it, after a hearing, for substantial abuses of this article by the licensee.
               </p>
            		
            <p class="historynote0">
               (Ord. of 1-7-97)
               </p></div>