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<br />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 /> <br />Subd. 6. avmer 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, knovving, or <br />having reason to know, that said person is not the true and correct owner of the property. <br /> <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, vvithout 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 /> <br />Subd. 8. <br /> <br />Conduct of Persons on Licensed Premises. <br /> <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 vvithout; 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 /> <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name; nor give a false date of birth; nor give a false or out of date 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 /> <br />306.23 Adequate Signa!ie. Alllicensee.s shall by adequate signage inform persons seeking <br />to pawn, pledge, sell, leave, or deposit articles of property with the licensee of the following <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 Jette ring, 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 follovving: <br /> <br />TO PAWN OR SELL PROPERTY: <br /> <br />YOU MUST BE AT LEAST 18 YEARS OF AGE. <br /> <br />YOU MUST BE THE TRUE OWNER OF THE PROPERTY. <br /> <br />THE PROPERTY MUST BE FREE OF ALL CLAliVIS AND LIENS. <br /> <br />10 <br />