§ 91A-10. Prohibitions. - North Carolina Statutes

§ 91A‑10.  Prohibitions.

A pawnbroker shall not:

(1)        Accept a pledge froma person under the age of 18 years;

(2)        Make any agreementrequiring the personal liability of a pledgor in connection with a pawntransaction;

(3)        Accept any waiver,in writing or otherwise, of any right or protection accorded a pledgor underthis Chapter;

(4)        Fail to exercisereasonable care to protect pledged goods from loss or damage;

(5)        Fail to returnpledged goods to a pledgor upon payment of the full amount due the pawnbroker onthe pawn transaction. In the event such pledged goods are lost or damaged whilein the possession of the pawnbroker, it shall be the responsibility of thepawnbroker to replace the lost or damaged goods with merchandise of like kindand equivalent value. In the event the pledgor and pawnbroker cannot agree asto replacement, the pawnbroker shall reimburse the pledgor in the amount of thevalue agreed upon pursuant to G.S. 91A‑7(b);

(6)        Take any article inpawn, pledge, or as security from any person, which is known to such pawnbrokerto be stolen, unless there is a written agreement with local or State police;

(7)        Sell, exchange,barter, or remove from the pawnshop any goods pledged, pawned, or purchasedbefore the earlier of seven days after the date the pawn ticket record iselectronically reported in accordance with G.S. 91A‑7(d) or 30 days afterthe transaction, except in case of redemption by pledgor or items purchased forresale from wholesalers;

(8)        Operate more thanone pawnshop under one license, and such shop must be at a permanent place ofbusiness; or

(9)        Take as pledgedgoods any manufactured mobile home, recreational vehicle, or motor vehicleother than a motorcycle. (1989, c. 638, s. 2; 2007‑415, s. 1.)