Effective: March 28, 2017
Latest Legislation: Senate Bill 235 - 131st General Assembly
(A) No person licensed as a pawnbroker shall recklessly receive any pledge or purchase any articles from any minor or from any person who is at the time intoxicated or under the influence of a controlled substance.
(B) No person licensed as a pawnbroker shall receive any pledge or purchase any articles from any person who is known or believed by the licensee to be a thief or a receiver of stolen property.
(C) No person licensed as a pawnbroker shall receive any pledge or purchase any articles from any person identified in writing to the licensee by the chief of police of a municipal corporation or township, the sheriff, or the state highway patrol as a known or suspected thief or receiver of stolen property.
(D) Division (C) of this section is a strict liability offense and section 2901.20 of the Revised Code does not apply.
Structure Ohio Revised Code
Title 47 | Occupations-Professions
Section 4727.01 | Pawnbroker Definitions.
Section 4727.02 | License Required.
Section 4727.03 | Experience and Fitness - Disciplinary Actions.
Section 4727.031 | Effect of Child Support Default on License.
Section 4727.04 | Application for License - Posting License.
Section 4727.05 | Conduct of Investigations.
Section 4727.06 | Interest Charges.
Section 4727.07 | Statement to Seller or Pledgor.
Section 4727.08 | Maintenance and Use of Pawn and Purchase Forms.
Section 4727.09 | Furnishing Information to Police Chief or Sheriff.
Section 4727.10 | Prohibited Transactions.
Section 4727.11 | Redemption, Forfeiture of Pawned Property.
Section 4727.12 | Required Retention Period.
Section 4727.13 | Administrative Rules.
Section 4727.15 | Prohibited Acts - Penalties.
Section 4727.16 | Advertisements.
Section 4727.17 | Approval of Sale, Transfer or Hypothecation of Interest in License.
Section 4727.18 | Confidentiality.
Section 4727.19 | Continuing Education.
Section 4727.20 | Maintaining Liquid Assets or Surety Bond - Notice of Action Against Licensee.
Section 4727.21 | State Is Exclusive Regulator of Pawnbroker.
Section 4727.22 | Compliance With Law Regarding Sanctions for Human Trafficking.