16-713


Chapter 16.--CONTRACTS AND PROMISES


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

     
16-713.   Suspension or revocation of license; notice and hearing.
Any license issued under this act may be suspended or revoked, after due
notice and public hearing, if the licensee:

     
(a)   Has failed to pay the annual license fee;

     
(b)   Has violated any provision of this act; or

     
(c)   Has been convicted of or has pleaded guilty to a felony under the
laws of this state, or any other state, or of the United States, or shall
have forfeited his bond to appear in court to answer charges for any such
offense, if such conviction or plea occurred subsequent to or within the
ten (10) years immediately prior to the date of the licensee's application
for the license.

     
Any license issued under this act shall be revoked, after due notice and
hearing thereon, if it shall be proved at the hearing that the licensee
sold any handgun to a minor.

     
Said hearing herein provided shall be held within thirty (30) days after
notice thereof, and the alleged violation determined by written order of
the city or county issuing the license within sixty (60) days after such
hearing is concluded; but no revocation or suspension or surrender of any
license shall impair or affect the obligation of any preexisting lawful
contract between the licensee and any borrower.

     
History:   L. 1972, ch. 51, § 8; July 1.