[R.O. 2012 §620.010]
Any person engaged in the business of lending money on the security
of pledged goods or engaged in the business of purchasing tangible
personal property on condition that it may be redeemed or repurchased
by the seller for a fixed price within a fixed period of time.
[R.O. 2012 §620.020]
A.
At the
time of making any secured personal credit loan, the lender shall
execute and deliver to the borrower a receipt for and describing the
tangible personal property subjected to the security interest to secure
the payment of the loan. The receipt shall contain the following:
1.
The
name and address of the pawnshop;
2.
The
name and address of the pledgor, the pledgor's description, and the
driver's license number, military identification number, identification
certificate number, or other official number capable of identifying
the pledgor;
3.
The
date of the transaction;
4.
An identification
and description of the pledged goods, including serial numbers if
reasonably available;
5.
The
amount of cash advanced or credit extended to the pledgor;
6.
The
amount of the pawn service charge;
7.
The
total amount which must be paid to redeem the pledged goods on the
maturity date;
8.
The
maturity date of the pawn transaction; and
9.
A statement
to the effect that the pledgor is not obligated to redeem the pledged
goods, and that the pledged goods may be forfeited to the pawnbroker
sixty (60) days after the specified maturity date.
B.
The pawnbroker shall furnish Law Enforcement authorities with copies of information contained in Subparagraphs (1) to (4) of Subsection (A) of this Section and information contained in Subdivision (6) of Subsection (4) of Section 367.040, RSMo. The pawnbroker may satisfy such requirements by transmitting such information electronically to a database in accordance with Section 367.031, RSMo., except that paper copies shall be made available for an on-site inspection upon request of any appropriate Law Enforcement authority.
C.
If the
pawn ticket is lost, destroyed, or stolen, the pledgor may so notify
the pawnbroker in writing, and receipt of such notice shall invalidate
such pawn ticket, if the pledged goods have not previously been redeemed.
Before delivering the pledged goods or issuing a new pawn ticket,
the pawnbroker shall require the pledgor to make a written affidavit
of the loss, destruction or theft of the ticket. The pawnbroker shall
record on the written statement the identifying information required,
the date the statement is given, and the number of the pawn ticket
lost, destroyed, or stolen. The affidavit shall be signed by a notary
public appointed by the Secretary of State pursuant to Section 486.205,
RSMo., to perform notarial acts in this State.
[R.O. 2012 §620.030; Ord. No. 491 §5, 3-19-1991]
No pawnbroker shall accept any personal property from an individual
under eighteen (18) years of age. No pawnbroker shall be open for
business or accept any items of personal property from any person
after 9:00 P.M. and before 7:00 A.M.
[R.O. 2012 §620.040; Ord. No. 491 §6, 3-19-1991]
No pawnbroker or his/her family shall be permitted to live in
his/her pawnshop or in rooms connected therewith.
[R.O. 2012 §620.050; Ord. No. 491 §7, 3-19-1991]
No pawnbroker shall accept as collateral security, or purchase,
any property or item which at the time it was manufactured had a serial
number or identification number affixed to it, unless such item shall
have plainly visible thereon, the manufacturer's serial number or
identification number.
