State Codes and Statutes

Statutes > North-carolina > Chapter_91A > GS_91A-11

§91A‑11.  Penalties.

(a)        Every person, firm,or corporation, their guests or employees, who shall knowingly violate any ofthe provisions of this Chapter, shall, on conviction thereof, be deemed guiltyof a Class 2 misdemeanor.  If the violation is by an owner or major stockholderor managing partner of the pawnshop and the violation is knowingly committed bythe owner, major stockholder, or managing partner of the pawnshop, then thelicense of the pawnshop may be suspended at the discretion of the court.

(b)        The provision ofsubsection (a) shall not apply to violations of G.S. 91A‑10(6) whichshall be prosecuted under the North Carolina criminal statutes.

(c)        Any contract ofpawn the making or collecting of which violates any provision of this Chapter,except as a result of accidental or bona fide error of computation, shall bevoid, and the licensee shall have no right to collect, receive or retain anyinterest or fee whatsoever with respect to such pawn. (1989,c. 638, s. 2; 1993, c. 539, s. 655; 1994, Ex. Sess., c. 24, s. 14(c).)

State Codes and Statutes

Statutes > North-carolina > Chapter_91A > GS_91A-11

§91A‑11.  Penalties.

(a)        Every person, firm,or corporation, their guests or employees, who shall knowingly violate any ofthe provisions of this Chapter, shall, on conviction thereof, be deemed guiltyof a Class 2 misdemeanor.  If the violation is by an owner or major stockholderor managing partner of the pawnshop and the violation is knowingly committed bythe owner, major stockholder, or managing partner of the pawnshop, then thelicense of the pawnshop may be suspended at the discretion of the court.

(b)        The provision ofsubsection (a) shall not apply to violations of G.S. 91A‑10(6) whichshall be prosecuted under the North Carolina criminal statutes.

(c)        Any contract ofpawn the making or collecting of which violates any provision of this Chapter,except as a result of accidental or bona fide error of computation, shall bevoid, and the licensee shall have no right to collect, receive or retain anyinterest or fee whatsoever with respect to such pawn. (1989,c. 638, s. 2; 1993, c. 539, s. 655; 1994, Ex. Sess., c. 24, s. 14(c).)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_91A > GS_91A-11

§91A‑11.  Penalties.

(a)        Every person, firm,or corporation, their guests or employees, who shall knowingly violate any ofthe provisions of this Chapter, shall, on conviction thereof, be deemed guiltyof a Class 2 misdemeanor.  If the violation is by an owner or major stockholderor managing partner of the pawnshop and the violation is knowingly committed bythe owner, major stockholder, or managing partner of the pawnshop, then thelicense of the pawnshop may be suspended at the discretion of the court.

(b)        The provision ofsubsection (a) shall not apply to violations of G.S. 91A‑10(6) whichshall be prosecuted under the North Carolina criminal statutes.

(c)        Any contract ofpawn the making or collecting of which violates any provision of this Chapter,except as a result of accidental or bona fide error of computation, shall bevoid, and the licensee shall have no right to collect, receive or retain anyinterest or fee whatsoever with respect to such pawn. (1989,c. 638, s. 2; 1993, c. 539, s. 655; 1994, Ex. Sess., c. 24, s. 14(c).)