§ 54-35. Record requirements.

Every pawnbroker and loan broker shall keep a standard record book that has been approved by the sheriff of the county. At the time of each and every loan or taking of a pledge, an accurate account and description, in the English language, of all the goods, articles and other things pawned or pledged; the amount of money, value or thing loaned; the time of pledging; the rate of interest to be paid on such loan; and the name and residence of the person making such pawn or pledge shall be printed, typed or written in ink in the record book. Such entry shall include the serial number or identification number of items received which are required to bear such number. Except for items purchased from dealers possessing a federal employee identification number who have provided a receipt to the pawnbroker, every pawnbroker shall also record in his book an accurate account and description, in the English language, of all goods, articles and other things purchased or received for the purpose of resale or loan collateral by the pawnbroker from any source not in the course of a pledge or loan, the time of such purchase or receipt, and the name and address of the person or business which sold or delivered such goods, articles or other things to the pawnbroker. No entry in such book shall be erased, mutilated or changed.

(Ord. No. 40-97, § 1(50.305), 11-19-1997)

State law reference

Similar provisions, 205 ILCS 510/5.