1997-08-13 - CC Packet - (Admin.)

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Subd. 5. The amount of money paid or advanced for the item. Subd. 6. The photograph and signature of the person pledging or selling the item. Subd. 7. The identification number from any of the following forms of identification of the seller: valid drivers license containing a picture, Minnesota identification card, picture identification issued by the state of residency of the person from whom the item was received. Subd. 8. Any other information the Chief of Police or his/her designee shall require. 306.15 Printed Pawn Ticket The following shall be printed on all pawn tickets: Subd. 1. The statement that "Any personal property pledged to a pawnbroker within this state is subject to a sale or disposal when there has been no payment made on the account for a period of not less than sixty (60) days past the date of the pawn transaction, renewal, or extension; no further notice is necessary. There is no obligation for the pledge to redeem pledged goods." Subd. 2. The statement that "The pledgor of this item attests that it is not stolen, it has no hens or encumbrances against it, and the pledgor has the right to sell or pawn the item." Subd. 3. The statement that "This item is redeemable only by the pledgor to whom the receipt was issued, or any person identified in a written and notarized authorization to redeem the property identified in the receipt, or a person identified in writing by the pledgor at the time of the initial transaction and signed by the pledgor. Written authorization for release of property to persons other than the original pledgor must be maintained along with the original transaction record." Subd. 4. A blank line for the pledgor's signature. 306.16 Stolen Goods A licensed pawnbroker or secondhand goods dealer must report immediately to the police any article pledged or received, or sought to be pledged or received, if the licensee has reason to believe that the article was stolen or lost. If any goods, articles or things shall be advertised in any public newspaper of the City as having been lost or stolen, and such goods, articles or things shall then come into the possession of any licensee, a supplemental report will go into the licensee's daily report for that day to the Chief of Police or his/her designee, giving information in writing that certain goods, articles or things advertised are in said licensee's possession, and shall not dispose of the same except upon written authority to do so from the Chief of Police or his/her designee. The Police Chief or his/her designee. The Police Chief or his/her designee shall have the authority to immediately seize any stolen property. 8