Every person who shall be engaged in the business of pawnbroker or dealer in second-hand goods or junk shall maintain a record system whereby at the time of each loan or purchase, an accurate account or description, in the English language, of the goods, articles or other things pawned, pledged or purchased, the amount of money loaned or paid therefor, the time of the receipt of the same and description of the person pawning, pledging or selling the same. These records shall be kept separate from any other records maintained by the business. Separate pages in the record system shall be pre-numbered and any gap in numbering shall be noted and explained on the next numbered sheet. The description of any item of personal property shall include serial numbers or any other identification numbers where ever possible. The description of a person shall include compliance with any of the alternative identification requirements of § 113.12 of this division. The provisions of this section shall not apply to dealers in precious metals permitted under Minnesota State Statute, insofar as they purchase precious metal bullion, ingots, or coins.
(Prior Code, § 18-121) Penalty, see § 113.99