(a) Every person licensed as a pawnbroker shall keep and use separate pawn forms and purchase forms to be approved by the Superintendent of the Division of Consumer Finance in the State Department of Commerce, which shall disclose, at the time each purchase or loan is made, an accurate description of the goods, articles or things deposited, the time of pledging or selling them, the amount of money loaned on them or paid for them, the rate of interest and charges to be paid on such loan, the time within which such pawn is to be redeemed, with the name, age, place of residence, driver’s or commercial driver’s license number, Social Security number, or other personal identification, and a short physical description of the person of the pledgor or seller. When any item is pledged or sold, he or she shall also write on such form the name of the maker, the serial and model numbers or other identifying features; and where jewelry or gold or silver articles of any kind are pledged or sold, the licensee shall write on the form all identifying letters or marks inscribed thereon. One copy of the forms shall be kept at all times in numerical order in an active or inactive file, as appropriate or in bound books available for inspection by the Division. All numbers shall be accountable. Such records and forms, at all times, shall be kept at the licensed location and open to the inspection of the Superintendent of Consumer Finance, the Chief of Police, a police officer deputed or authorized by the Chief of Police or the Mayor. Upon demand of any of them, such person so licensed shall produce and show records, forms and pledges or purchases which are in his or her possession.
(b) The licensee shall keep all pledges and purchases at his or her place of business unless a pledgor agrees otherwise at the time the pledge is made. No pledge shall be removed from the place of business for the licensee’s personal use or gain.
(ORC 4727.08)