(A) It shall be the duty of every person engaged in the business of a pawnbroker, junk dealer, or secondhand dealer in the city to provide a well-bound book to be kept at his or her place of business in which a record of all transactions had by the person shall be kept. The record shall contain an accurate and complete description of each and every article taken in as a pledge or purchased by him or her, together with an accurate and complete description of the parties from whom the goods are received or purchased, and together with the name of the person and his or her address, giving the house or street number of same.
(B) There shall also be entered in the book the amount of the loan or the purchase price of all the articles or things pawned or bought, the rate of interest to be paid on the loan, if the transaction be a loan, and the other information as may be from time to time required by the Chief of Police.
(C) The book and record above shall be kept with entries in the English language in a clear and legible manner in ink.
(D) The book shall be open at all times to the inspection of the Chief of Police, Sheriff of the County, or any member of the Police Department, or any other person who shall be authorized by the Chief of Police or the City Manager.
(1981 Code, § 18-3) Penalty, see § 112.99
Statutory reference:
Authority for above section, see NMSA § 3-18-24C