State Codes and Statutes
Statutes > North-carolina > Chapter_91A > GS_91A-4§91A‑4. Pawnbroker authority.
A pawnbroker licensee isauthorized to: (i) make loans on pledges of tangible personal property, (ii)deal in bullion stocks, (iii) purchase merchandise for resale from dealers,traders, and wholesale suppliers and (iv) use its capital and funds in anylawful manner within the general scope and purpose of its creation. Notwithstanding the provisions of this section, no pawnbroker has the authorityenumerated in this section unless he has fully complied with the laws regulatingthe particular transactions involved. (1989, c. 638, s. 2.)
