Vermont Statutes Title 9 Sec. 3865
Terms Used In Vermont Statutes Title 9 Sec. 3865
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- pawnbroker: as used in this chapter includes any person, partnership, or corporation, loaning money on deposit or pledge of personal property, other than securities or written evidences of indebtedness; or doing business as furniture storage warehousepersons, and loaning and advancing money upon goods, wares, or merchandise pledged or deposited as collateral security. See
- Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
§ 3865. Records of a pawnbroker
(a) In each year a pawnbroker makes loans or advances totaling over $2,500.00 for items pledged or deposited with the pawnbroker, he or she shall maintain the following records for each transaction in that year:
(1) a legible statement written at the time of the transaction stating the amount of money lent or advanced for the items, the time of the transaction, and the rate of interest to be paid, as applicable;
(2) a legible statement of the name, current address, telephone number, and vehicle license number of the person pledging or depositing the items;
(3) a legible written description and photograph, or alternatively a video, of the items;
(4) a photocopy of a government-issued identification card issued to the person pledging or depositing the items, if available.
(b) At all reasonable times, the records required under subsection (a) of this section shall be open to the inspection of law enforcement. A law enforcement agency shall make a reasonable effort to notify a pawnbroker before conducting an inspection pursuant to this section unless providing notice would interfere with a criminal investigation or any other legitimate law enforcement purpose.
(c) [Repealed.] (Amended 2011, No. 167 (Adj. Sess.), § 4, eff. May 18, 2012; 2013, No. 75, § 22a; eff. June 5, 2013; 2013, No. 196 (Adj. Sess.), § 1, eff. Jan. 1, 2015.)