(A) Pawnbroker register.
(1) A person licensed as a pawnbroker shall keep in his or her place of business a register in which shall be entered minimally the following information:
(a) A minute description of each article of personal property acquired by him or her by purchase or received on deposit or as a pledge in the course of his or her business, mentioning particularly in such entry any prominent, distinguishing mark or number.
(b) The date and time when the property is received.
(c) The name and address of the person from whom it was acquired.
(d) The price paid or loaned.
(e) The date of birth of the person from whom the property was received.
(f) Type of identification presented by the person from whom the property was received.
(2) The prescribed register information described in division (A)(1) of this section shall be obtained at the time each transaction takes place and shall be immediately entered into the register. The register shall be kept clean and legible and without erasure or defacement of any entry. Pages of the register shall be prenumbered.
(3) The City Council, by resolution duly enacted, may, in lieu of the pawnbroker register, approve a system of consecutively numbered, printed forms to evidence all pawnbroker transactions.
(B) Inspection. The register, such as utilized, or in lieu thereof, all other records maintained, shall be at all times open for inspection by any law enforcement officer.
(C) Forms. All forms, including but not limited to claim checks used in the conduct of business, shall be approved by the City Council.
(D) Retention. All records maintained under this section shall be retained for a period of not less than three years pursuant to M.S. § 325J.05.
(Prior Code, § 8.40) (Ord. 304, passed 6-7-93) Penalty, see § 111.99