16-710


Chapter 16.--CONTRACTS AND PROMISES


Article 7.--REGULATION OF PAWNBROKERS AND PRECIOUS METAL DEALERS

     
16-710.   License; contents; display; license for each place of business.
The document or other instrument evidencing the license of a pawnbroker
or precious metal dealer
shall state the address at which the business is to be conducted and
shall state fully the name of the licensee. If the licensee is a
partnership, the license shall state the names of the members
thereof and, if a corporation, the
date and place of its incorporation and the names of all shareholders
thereof. Such license shall be kept conspicuously posted in the place of
business of the licensee and shall not be transferable or assignable.
Not more than one place of business shall be maintained under the
same license, but more than one license may be issued to the same
licensee upon compliance with all the provisions of this act governing
the issuance of an initial license.

     
History:   L. 1972, ch. 51, § 5; L. 1981, ch. 91, § 3; July 1.