Copyrighted by SPRINGDALE CODE & Municipal Code Corporation, 1998.
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ARTICLE IV. Sec. 94-40. Definition of pawnbroker.
Pawnbroker means a person engaged in the business of lending money upon the security of goods deposited with it or left in pawn, with or without a fixed period of redemption, whether or not a fixed place of business is maintained for such purposes.
(Ord. No. 4033, § 1, 2-27-07)
Sec. 94-41. Electronic recordkeeping by pawn shops or pawnbrokers.
(a) Each and every owner or operator of a pawn shop or pawnbroker doing business in the City of Springdale, Arkansas, shall within six months of the adoption of this article, maintain an electronic inventory tracking system which is capable of delivery and transmission of all statutorily-required information via computer to the entity designated by the Springdale Police Department.
(b) The owner or operator of a pawn shop or pawnbroker will be required to upload the information to the entity designated by the Springdale Police Department within two business days of the receipt of the goods purchased (pawned).
(Ord. No. 4033, § 1, 2-27-07)
Sec. 94-42. Delivery to chief of police.
Until the electronic recordkeeping is implemented as provided by the previous section, persons or businesses required to keep the records specified in section 94-41 shall deliver a copy of the records for the past seven days to the chief of police or his/her designee, typewritten and in a form approved by the chief of police, by 9:00 a.m. on the first business day of each week.
(Ord. No. 4033, § 1, 2-27-07)
Sec. 94-43. Removal of property.
No property bought or received in pawn shall be sold, leased or otherwise removed from the pawnbroker or dealer's place of business, except for redemption by the person who placed the property in pawn, for a period of seven days after the record of acquisition as required in this article has been delivered to the chief of police or his/her designee.
(Ord. No. 4033, § 1, 2-27-07)
Sec. 94-44. Inspection of records.
The records required to be kept pursuant to this article and all properties bought, received or held by any pawnshop owner or pawnbroker shall be open and accessible to any officer of the police department for inspection or other official business at any and all times.
(Ord. No. 4033, § 1, 2-27-07)
Sec. 94-45. False or incorrect information.
No pawnbroker or owner/operator of a pawnshop shall report any false or incorrect information on the records and reports required in this article.
(Ord. No. 4033, § 1, 2-27-07)
Sec. 94-46. Violations.
The failure on the part of any owner or operator of a pawn shop or pawnbroker to comply with the provisions of this section shall be deemed a misdemeanor, and punishable as set out in section 1-9 of this Code.
(Ord. No. 4033, § 1, 2-27-07)
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PAWN SHOPS AND PAWNBROKERS