CHAPTER 118: PAWNBROKERS
Section
   118.01   Excessive interest
   118.02   Sale of pledge during time for redemption
   118.03   Conduct of business without license
   118.04   Refusal to disclose purchaser and price of article sold
   118.05   Refusal to exhibit stolen goods
§ 118.01 EXCESSIVE INTEREST.
   No pawnbroker who receives goods in pledge for loans shall charge any rate of interest above that allowed by law.
(Prior Code, § 112.01) Penalty, see § 10.99
Statutory reference:
   Related provisions, see SDCL § 37-16-1
§ 118.02 SALE OF PLEDGE DURING TIME FOR REDEMPTION.
   No pawnbroker shall sell any article received by him or her in pledge before the time to redeem the same has expired.
(Prior Code, § 112.01) Penalty, see § 10.99
Statutory reference:
   Related provisions, see SDCL § 37-16-2
§ 118.03 CONDUCT OF BUSINESS WITHOUT LICENSE.
   All pawnbrokers in this municipality shall apply for and receive a license to carry on the business of a pawnbroker pursuant to SDCL § 9-34-8.
(Prior Code, § 112.03) Penalty, see § 10.99
Statutory reference:
   Related provisions, see SDCL § 37-16-3
§ 118.04 REFUSAL TO DISCLOSE PURCHASER AND PRICE OF ARTICLE SOLD.
   Any pawnbroker shall not refuse to disclose the purchaser and price received by him or her for any article received by him or her in pledge and subsequently sold.
(Prior Code, § 112.04) Penalty, see § 10.99
Statutory reference:
   Related provisions, see SDCL § 37-16-4
§ 118.05 REFUSAL TO EXHIBIT STOLEN GOODS.
   Any pawnbroker and junk dealer who, having received any goods which have been stolen, shall not refuse to exhibit them upon demand during usual business hours to the owner of such goods or his or her agents authorized to demand an inspection.
(Prior Code, § 112.05) Penalty, see § 10.99
Statutory reference:
   Related provisions, see SDCL § 37-16-5