Dir 5.3 Pawnbrokers

Question 1

When are pawn tickets collected?

Answer 1

Daily, Pawn tickets are collected daily, Monday through Friday

Question 2

Who is responsible to ensure that district personnel distribute property bulletins once a week to all pawnbrokers and antique shops?

Answer 2

The ORS- ORS ensures that district personnel distribute property bulletins once a week to all pawn brokers

Question 3

Who is responsible for processing of a weekly property bulletin for delivery to all pawnshops and antique dealers within the city?

Answer 3

Data processing Unit process a weekly bulletin for delivery to pawn shops

Question 4

True or False, all pawn tickets must contain the article information

Answer 4

FALSE-
Pawn ticket renewals contain only name and address information. no article information will be included on this type of ticket

Question 5

TRUE OR FALSE
When property is properly identified as stolen, inform the complainant that to recover the items immediately, the complainant will be required to pay the principal amount on the loan

Answer 5

TRUE

to recover item (s) immediately, the complainant will be required to pay the principal amount on the loan.

Question 6

Pawnbrokers are required by statute to hold pledge for how many days___ unless previously redeemed by the pledger

Answer 6

pawnbrokers required to hold pledges for 90 days