(A) The Board of Commissioners may grant to the applicant as it may deem proper and who complies with all of the requirements of this article, a license authorizing the applicant to carry on the business of a pawnbroker, which license shall designate the place in which the business shall be carried on. The applicant shall pay a fee, in addition to any other fee or tax, in the sum of $100 for the license.
(B) Before issuing a license, the Board shall be satisfied that the applicant is a suitable person to hold a pawnbroker's license and that the location is a suitable place to hold the proposed license. To be a suitable place, the establishment shall comply with all the rules and regulations set out in G.S. Ch. 91A. Other factors the Board may consider in determining whether the applicant and the business location are suitable shall include all of the following:
(1) The application contains no misstatement of fact;
(2) The applicant conforms to all requirements of applicable Zoning, Building and Fire Prevention Codes;
(3) The applicant shall not have been convicted of a felony within a ten-year period preceding the filing of the application;
(4) Parking facilities and traffic facilities in the neighborhood;
(5) The recommendations of the Davie County Sheriff’s Office; and
(6) Any other evidence that would tend to show whether the applicant would comply with the provisions of G.S. Ch. 91A and the applicable provisions of this code and whether the operation of the business at that location would be detrimental to the neighborhood.
(C) Upon approval of the application by the Board and upon receipt of the license fee, the Tax Collector shall issue a pawnbroker's license to the applicant. The license shall be renewed annually by the licensee.
(D) (1) At the time of receiving the license, the applicant shall file with the Town Clerk a bond payable to the town in the amount of $5,000 to be executed by the licensee and by two sureties or a surety company licensed to do business in the state, which shall be for the faithful performance of the requirements and obligations pertaining to the business so licensed.
(2) The town may sue for forfeiture of the bond upon breach thereof, and any other person who obtains a judgment against a pawnbroker and, upon which judgment execution is returned unsatisfied, may maintain an action in his or her own name upon the bond to satisfy the judgment.
(1989 Code, § 11-22; 2003 Code, § 4-3.1) (Amended 7-6-2021)