Laserfiche WebLink
shall purchase, accept, or receive any article of property knowing, or having reason to <br /> know, that the article of property is encumbered by a security interest. For the purpose <br /> of this section "security interest" means an interest in property which secures payment <br /> or other performance of an obligation. <br /> Subd. 6. Owner of Property No licensee nor any agent or employee of a licensee <br /> shall purchase, accept, or receive any article of property from any person, knowing, or <br /> having reason to know, that said person is not the true and correct owner of the property. <br /> Subd. 7. Valid Driver's License or Photo Identification Card No licensee nor any <br /> agent or employee of a licensee shall purchase, accept, or receive any article of property, <br /> from any person, without first having examined a valid photo driver's license or a valid <br /> photo identification card issued by the state of residency of the person. <br /> Subd. 8. Conduct of Persons on Licensed Premises <br /> a. No person may pawn, pledge, sell, leave, or deposit any article of <br /> property not their own; nor shall any person pawn, pledge, sell, <br /> leave, or deposit the property of another, whether with permission <br /> or without; nor shall any person pawn, pledge, sell leave, or <br /> deposit any article of property in which another has a security <br /> interest; with any licensee. <br /> b. No person seeking to pawn, pledge, sell, leave, or deposit any <br /> article of property with any licensee shall give a false or fictitious <br /> name; nor give a false date of birth, nor give a false or out of date <br /> address of residence or telephone number, nor present a false <br /> driver's license or identification card; to any licensee. <br /> 306.23 Adequate Signage All licensees shall by adequate signage inform persons seeking <br /> to pawn, pledge, sell, leave, or deposit articles of property with the licensee of the following v <br /> requirements. For the purpose of this section "Adequate Signage" shall be deemed to mean at <br /> least one sign, of not less than four (4) square feet in surface area, comprised of lettering, of not <br /> less than three - quarters (3/4) of an inch in height, posted in a conspicuous place on the licensed <br /> premises and stating substantially the following: <br /> TO PAWN OR SELL PROPERTY: <br /> YOU MUST BE AT LEAST 18 YEARS OF AGE, <br /> YOU MUST BE THE TRUE OWNER OF THE PROPERTY. <br /> THE PROPERTY MUST BE FREE OF ALL CLAIMS AND LIENS. <br /> 10 <br />