§ 12.5-16. Definition.  


Latest version.
  • Any person, firm or corporation who loans money on pledge of personal property or other thing of value, other than securities or printed evidences of indebtedness, or who deals in the purchasing of personal property or other thing of value on condition of selling it back again at a stipulated price, is hereby declared and defined to be a "pawnbroker." Also any person, firm, or corporation engaged in the business of purchasing, selling, or trading in secondhand items, products, and/or merchandise including, but not limited to, electronics, computers, tools, firearms, sports equipment, musical equipment. cellular communication devices, appliances, or other items of value from the general public, is hereby declared and defined to be a "pawnbroker." Items exempt from mandatory reporting include books, clothing, furniture, or any item that normally does not have a unique serial or identification number.

(Ord. No. 14-87, § 1, 5-5-87; Ord. No. 09-15, § 1, 3-17-15)

State law reference

Similar provisions, S.C. Code § 40-39-10.