Current through L. 2024, c. 185.
Section 3865 - Records of a pawnbroker(a) In each year a pawnbroker makes loans or advances totaling over $2,500.00 for items pledged or deposited with the pawnbroker, he or she shall maintain the following records for each transaction in that year:(1) a legible statement written at the time of the transaction stating the amount of money lent or advanced for the items, the time of the transaction, and the rate of interest to be paid, as applicable;(2) a legible statement of the name, current address, telephone number, and vehicle license number of the person pledging or depositing the items;(3) a legible written description and photograph, or alternatively a video, of the items;(4) a photocopy of a government-issued identification card issued to the person pledging or depositing the items, if available.(b) At all reasonable times, the records required under subsection (a) of this section shall be open to the inspection of law enforcement. A law enforcement agency shall make a reasonable effort to notify a pawnbroker before conducting an inspection pursuant to this section unless providing notice would interfere with a criminal investigation or any other legitimate law enforcement purpose.Amended 2011, No. 167 (Adj. Sess.), § 4, eff. 5/18/2012; 2013 , No. 75, § 22a; eff. 6/5/2013; 2013, No. 196 (Adj. Sess.) , § 1, eff. 1/1/2015.