North Carolina General Statutes
Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.
§ 66-396 - Penalties.

66-396. Penalties.
(a) Every person, firm, or corporation, their guests or employees, who shall knowingly violate any of the provisions of this Part, shall, on conviction thereof, be deemed guilty of a Class 2 misdemeanor. If the violation is by an owner or major stockholder or managing partner of the pawnshop and the violation is knowingly committed by the owner, major stockholder, or managing partner of the pawnshop, then the license of the pawnshop may be suspended at the discretion of the court.
(b) The provision of subsection (a) of this section shall not apply to violations of G.S. 66-395(a)(6) or G.S. 66-395(b) which shall be prosecuted under the North Carolina criminal statutes.
(c) Any contract of pawn the making or collecting of which violates any provision of this Part, except as a result of accidental or bona fide error of computation, shall be void, and the licensee shall have no right to collect, receive or retain any interest or fee whatsoever with respect to such pawn. (1989, c. 638, s. 2; 1993, c. 539, s. 655; 1994, Ex. Sess., c. 24, s. 14(c); 2011-325, s. 8; 2012-46, ss. 2, 11.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 66 - Commerce and Business

Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.

§ 66-385 - Short title.

§ 66-386 - Purpose.

§ 66-387 - Definitions.

§ 66-388 - Pawnbroker authority.

§ 66-389 - License required.

§ 66-390 - Requirements for licensure.

§ 66-391 - Record-keeping requirements for pawnbrokers.

§ 66-392 - Record-keeping requirements for currency converters and e-buyers.

§ 66-393 - Pawnbroker fees; interest rates.

§ 66-394 - Pawnbroker transactions.

§ 66-395 - Prohibitions.

§ 66-396 - Penalties.

§ 66-397 - Municipal or county authority.

§ 66-398 - License renewal.

§ 66-399 - Bond.

§ 66-405 - Legislative finding.

§ 66-406 - Definitions.

§ 66-407 - Permits.

§ 66-408 - Perjury; punishment.

§ 66-409 - Bond or trust account required.

§ 66-410 - Records to be kept.

§ 66-411 - Items not to be modified.

§ 66-412 - Purchasing from juvenile.

§ 66-413 - Penalties.

§ 66-414 - Portable smelters prohibited.

§ 66-420 - Definitions.

§ 66-420.1 - Applicability.

§ 66-421 - Required records and receipts for regulated metals transactions.

§ 66-422 - Inspection of regulated metals property and records.

§ 66-423 - Hold notices for nonferrous metals; retention of nonferrous metals.

§ 66-424 - Prohibited activities and transactions.

§ 66-425 - Permissible payment methods for nonferrous metals purchasers.

§ 66-426 - Issuance of nonferrous metals purchase permits by Sheriff; form; fees; recordkeeping.

§ 66-427 - Exemptions.

§ 66-428 - Preemption.

§ 66-429 - Violations.

§ 66-430 - Restitution.

§ 66-431 - Forfeiture of vehicles used to transport unlawfully obtained regulated metals property.