Every pawnbroker and secondhand dealer shall keep and maintain a complete written record of each transaction/purchase. This record must be retained for seven years, and shall be written in the English language; it shall include a full and accurate description of all property (including serial numbers) purchased, pawned or pledged, the date and time of each transaction, the amount of money loaned or paid, the rate of interest to be paid on loan and the full name and address of the seller or pledger. Secondhand dealers, in addition to being subject to the above, shall also keep and maintain written records including the names and addresses of purchasers of property sold by the secondhand dealer for property held less than 60 days from the initial purchase date.
Every pawnbroker and secondhand dealer shall require every seller or pledger of property to produce a valid positive photographic identification issued by a United States federal or state government. The identification used must include the seller or pledger's full name, date of birth and current street address. The identification must have been issued within five years preceding the date of the transaction, and the type of identification must be noted on the transaction record. At no time shall a pawnbroker or secondhand dealer accept another person's photographic identification for any transaction. The pawnbroker or secondhand dealer shall attach a photocopy of the identification produced to support the transaction. Jewelry, watches, diamonds or other precious stones or gems, gold, silver, platinum, or other precious metals, with consideration to their size, shall be photocopied and attached to the transaction record.
No pawnbroker or secondhand dealer shall transact business with anyone under the age of 18 years old, except when said minor is accompanied by an identified parent or legal guardian who shall sign the transaction record.
[Amended 4-25-2013 by Ord. No. 1079]
Every pawnbroker and secondhand dealer shall retain possession of all property purchased for a ten-day holding period subsequent to the date of purchase; provided, however, that property may be disposed of by the purchaser within such ten-day period with written permission from the Township Chief of Police.
All property received by a pawnbroker or secondhand dealer shall be maintained in the same condition in which it was received, and shall not be altered, damaged or destroyed during the holding period. Property must be maintained at the dealer's licensed location during the holding period. Pawnbrokers shall retain nonperishable property for at least four months and perishable property for at least one month following receipt of the property.
Pawnbrokers and secondhand dealers shall prepare and electronically file documentation of all transaction records with the Chief of Police, within 24 hours of the end of the business day in which the transaction occurred. If during any week a pawnbroker or secondhand dealer has not purchased any property, he or she shall make a report of such fact to the Chief of Police on or before 12:00 noon of the first business day of the following week.
All property purchased shall be photographed with a digital camera or digital image scanner. A color digital image shall be saved in a manner to allow it to be electronically sent to the North Versailles Township Police Department as part of the transaction record. The complete transaction record shall be submitted on one standard-size page. The transaction record shall include a color image of the identification used by the seller, information documented by the dealer and a clear color image of the property pledged or purchased. Each item of jewelry shall be individually photographed. The image shall be sent electronically in PDF or JPG format.
Transaction record forms intended to be used by a pawnbroker or secondhand dealer must first be approved by the Chief of Police. Pawnbrokers and secondhand dealers shall retain all original transaction documents for a period of seven years at the licensed premises.