As used in this chapter, the following terms shall have the
meanings indicated:
PAWNBROKER
Any person, firm, partnership or corporation whose business
includes any transactions wherein there is the lending of money secured
by taking possession of jewelry, wearing apparel, household goods
or other personal property, with interest charged thereon, with the
right to sell the personal property if it is not redeemed. A person,
firm, partnership or corporation shall be deemed to be a pawnbroker
whether the transaction takes the form of a loan by the pawnbroker
secured by the property or a sale to the pawnbroker with the right
to repurchase within a specified period of time. Pawnbrokers are regulated
according to New Hampshire RSA 398.
SECONDHAND DEALER
Any person, firm, partnership or corporation whose business
is the retail buying, selling, buy-back, exchanging, dealing in or
dealing with secondhand articles, including but not limited to jewelry,
watches, clocks, diamonds or other precious stones or gems, gold,
silver, platinum or other precious metals, musical instruments and
equipment, cameras, furs, fur coats or other kinds of wearing apparel,
collectibles and antiques (excepting furniture and books), home and
auto stereo equipment, televisions, video cassette recorders and other
electronic equipment, tools, computers and computer equipment, firearms,
auto accessories and office and store fixtures and related equipment.
Secondhand dealers are regulated according to New Hampshire RSA 322.
Mail-order transactions and retail stores that exchange or provide
cash or credit for returned articles are excluded from this chapter.
Flea markets and yard sales are also excluded and are governed by
the Town of Hudson through a separate Town ordinance.