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City of Royal Oak, MI
Monday, October 14, 2019

Chapter 521. Pawnbrokers

§ 521-5. Application for license.

Every applicant for a pawnbroker's license shall file an application under oath with the City Clerk's office upon a form provided by the City of Royal Oak and pay a nonrefundable application investigation fee. Such fee shall be set by resolution of the City Commission and shall be renewed annually. The application shall contain the following information:
A. 
The name, residence address, and telephone number of each applicant.
(1) 
If the applicant is a corporation, the names, residence addresses and telephone numbers of each of the officers and directors of said corporation and of each stockholder owning more than 10% of the stock of the corporation itself, and the name, address and telephone number of a resident agent in Oakland County, Michigan.
(2) 
If the applicant is a partnership, the name, residence address and telephone number of each of the partners, and the partnership itself, and the name, address and telephone number of a resident agent in Oakland County, Michigan.
(3) 
If the applicant owns stock or has a financial interest in any other jewelry store and/or pawnbroker business, the name, address and telephone number of the corporation and the name, address and telephone number of the business.
B. 
The applicant's social security number, driver's license number, if any, and date of birth.
C. 
Business, occupation or employment of the applicant for three years immediately preceding the date of application, including the name, address and telephone number of any and all employers.
D. 
All criminal convictions, including the date of convictions, nature of the crime, and place convicted.
E. 
Fingerprints of the applicant taken by the Police Department.
F. 
Authorization for the City of Royal Oak, its agents and employees to seek information and conduct an investigation into the truth of the statements set forth in the application. Applicant shall give such additional information as may be deemed necessary by the City of Royal Oak for the proper enforcement of this chapter.
G. 
A detailed written plan of operation outlining the proposed manner in which the business will be operated, including but not limited to hours of operation, type property to be taken in for loan and number of employees involved in the pawnbroker service. The City Commission can reasonably restrict the type of objects to be pawned.