<div class="chunk-title">Sec. 14-166. - Recordkeeping requirements.</div>
<div class="chunk-content">
            <p class="incr0">
               (a)
               </p>
            		
            <p class="content1">
               Every pawnbroker shall keep consecutively numbered records of each and every pawn
               transaction, which shall correspond in all essential particulars to a detachable pawn
               ticket or copy attached to the record.
               </p>
            		
            <p class="incr0">
               (b)
               </p>
            		
            <p class="content1">
               The pawnbroker shall, at the time of making the pawn or purchase transaction, enter
               upon the pawn ticket a record of the following information which shall be typed or
               written in ink and in the English language:
               </p>
            		
            <p class="incr1">
               (1)
               </p>
            		
            <p class="content2">
               A clear and accurate description of the property, including model and serial number
               as indicated on the property;
               </p>
            		
            <p class="incr1">
               (2)
               </p>
            		
            <p class="content2">
               The name, residence address, phone number, and date of birth of pledgor;
               </p>
            		
            <p class="incr1">
               (3)
               </p>
            		
            <p class="content2">
               Date of pawn transaction;
               </p>
            		
            <p class="incr1">
               (4)
               </p>
            		
            <p class="content2">
               Type of identification and the identification number accepted from pledgor;
               </p>
            		
            <p class="incr1">
               (5)
               </p>
            		
            <p class="content2">
               Description of the pledgor including approximate height, weight, sex and race;
               </p>
            		
            <p class="incr1">
               (6)
               </p>
            		
            <p class="content2">
               Amount of money advanced;
               </p>
            		
            <p class="incr1">
               (7)
               </p>
            		
            <p class="content2">
               The date due and the amount due;
               </p>
            		
            <p class="incr1">
               (8)
               </p>
            		
            <p class="content2">
               All monthly pawn charges, including interest, annual percentage rate on interest,
               and total recovery fee; and
               </p>
            		
            <p class="incr1">
               (9)
               </p>
            		
            <p class="content2">
               Agreed-upon stated value between pledgor and pawnbroker in case of loss or destruction
               of pledged item; unless otherwise noted, stated value is the same as the loan value.
               </p>
            		
            <p class="incr0">
               (c)
               </p>
            		
            <p class="content1">
               The following shall be printed on all pawn tickets:
               </p>
            		
            <p class="incr1">
               (1)
               </p>
            		
            <p class="content2">
               The statement that "ANY PERSONAL PROPERTY PLEDGED TO A PAWNBROKER WITHIN THIS STATE
               IS SUBJECT TO SALE OR DISPOSAL WHEN THERE HAS BEEN NO PAYMENT MADE ON THE ACCOUNT
               FOR A PERIOD OF 60 DAYS PAST MATURITY DATE OF THE ORIGINAL CONTRACT. NO FURTHER NOTICE
               IS NECESSARY.";
               </p>
            		
            <p class="incr1">
               (2)
               </p>
            		
            <p class="content2">
               The statement that "THE PLEDGOR OF THIS ITEM ATTESTS THAT IT IS NOT STOLEN, HAS NO
               LIENS OR ENCUMBRANCES, AND IS THE PLEDGOR'S TO SELL OR PAWN.";
               </p>
            		
            <p class="incr1">
               (3)
               </p>
            		
            <p class="content2">
               The statement that "THE ITEM PAWNED IS REDEEMABLE ONLY BY THE BEARER OF THIS TICKET
               OR BY IDENTIFICATION OF THE PERSON MAKING THE PAWN."; and
               </p>
            		
            <p class="incr1">
               (4)
               </p>
            		
            <p class="content2">
               A blank line for the pledgor's signature and the pawnbroker's signature or initials.
               </p>
            		
            <p class="incr0">
               (d)
               </p>
            		
            <p class="content1">
               The pledgor shall sign the pawn ticket and shall receive an exact copy of the pawn
               ticket, which shall be signed or initialed by the pawnbroker or any employee of the
               pawnbroker. These records shall be available for inspection and pickup each regular
               workday by the sheriff of the county. These records shall be a correct copy of the
               entries made of the pawn or purchase transaction and shall be carefully preserved
               without alteration, and shall be available during regular business hours.
               </p>
            		
            <p class="incr0">
               (e)
               </p>
            		
            <p class="content1">
               Except as otherwise provided in this article, any person presenting a pawn ticket
               to a pawnbroker is presumed to be entitled to redeem the pledged goods described on
               the ticket.
               </p>
            		
            <p class="incr0">
               (f)
               </p>
            		
            <p class="content1">
               All pawnbrokers licensed under this article shall utilize a reporting system of pawn
               transactions that offers an electronic data transmission system that is compatible
               with the standard used by the New Hanover County Sheriff's Office computer system.
               The electronic data must be provided to the appropriate law enforcement agency as
               designated by the sheriff's office within 24 hours after the pawn transaction record
               is created. Failure to utilize an electronic data system required by this section
               shall be grounds for revocation of the pawnbroker's license.
               </p>
            		
            <p class="historynote0">
               (Code 1978, Â§ 6-158; Ord. of 3-12-2012, Â§ 1)
               </p></div>