§ 14-169. Prohibitions.  


Latest version.
  • A pawnbroker shall not:

    (1)

    Accept a pledge from a person under the age of 18 years;

    (2)

    Make any agreement requiring the personal liability of a pledgor in connection with a pawn transaction;

    (3)

    Accept any waiver, in writing or otherwise, of any right or protection accorded a pledgor under this article;

    (4)

    Fail to exercise reasonable care to protect pledged goods from loss or damage;

    (5)

    Fail to return pledged goods to a pledgor upon payment of the full amount due the pawnbroker on the pawn transaction; if such pledged goods are lost or damaged while in the possession of the pawnbroker, it shall be the responsibility of the pawnbroker to replace the lost or damaged goods with merchandise of like kind and equivalent value; if the pledgor and pawnbroker cannot agree as to replacement, the pawnbroker shall reimburse the pledgor in the amount of the value agreed upon pursuant to G.S. 91A-7(b);

    (6)

    Take any article in pawn, pledge or as security from any person, which is known to such pawnbroker to be stolen, unless there is a written agreement with local or state police;

    (7)

    Sell, exchange, barter or remove from the pawnshop any goods pledged, pawned or purchased earlier than 48 hours after the transaction, except in case of redemption by the pledgor or items purchased for resale from wholesalers;

    (8)

    Operate more than one pawnshop under one license, and such shop must be a permanent place of business; or

    (9)

    Take as pledged goods any manufactured mobile home, recreational vehicle or motor vehicle other than a motorcycle.

(Code 1978, § 6-161)