2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 325J Pawnbroker Regulation
Section 325J.02 MUNICIPAL LICENSING AND REGULATION.

325J.02 MUNICIPAL LICENSING AND REGULATION.
(a) For the purpose of promoting the public health, safety, morals, and welfare, a municipality
may adopt an ordinance, issue licenses to qualified applicants, and regulate pawn transactions.
Ordinances must contain the minimum provisions of this chapter.
(b) A person may not engage in business as a pawnbroker or otherwise portray the person
as a pawnbroker unless the person has a valid license authorizing engagement in the business.
Any pawn transaction made without benefit of a license is void.
(c) A separate license is required for each place of business. A municipality may issue more
than one license to a person if that person complies with this chapter for each license.
(d) Each license shall remain in full force and effect until surrendered, suspended, revoked,
or expired. A license may be suspended or revoked for failure to comply with the municipality's
ordinance.
(e) No expiration, revocation, suspension, or surrender of any license shall impair or affect
the obligation of any preexisting lawful contract between the licensee and any pledgor.
(f) The appropriate local law enforcement agency shall be notified by the municipality of
any licensee whose license has expired or been surrendered, suspended, or revoked as provided
by this chapter.
History: 1996 c 404 s 2