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e-Li: Electronic Library

Operation of the Business and Recordkeeping Requirements

The operating, recordkeeping, and inspection rules under current law apply to all pawnbrokers, even those licensed under provisions of prior law.  A general discussion of the basic requirements for operation of the pawnbroker business follows.  However, county clerks should never attempt to advise pawnbrokers as to specific legal requirements for operation of the business; pawnbrokers should always be advised to consult their attorneys for advice.