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AR HB2281

Bill

Status

Passed

4/16/2013

Primary Sponsor

Charlotte Douglas

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Origin

House of Representatives

89th General Assembly (2013 Regular)

AI Summary

  • Amends Arkansas Code § 12-12-103(b) to renumber pawnshop record requirements from letters (A-D) to numbers (1-4)

  • Requires pawnshops to maintain detailed transaction records including identification type, personal information (name, address, race, sex, height, weight, date of birth), and photographic ID numbers of persons from whom property is received

  • Mandates documentation of item descriptions for pawned or purchased goods, including identifying or serial numbers

  • Requires recording of the amount paid by the pawnshop or pawnbroker for each pawned item

Legislative Description

Concerning Pawn Shops, Pawnbrokers, Or Other Commercial Entities That Acquire Precious Metals Through Purchase Or Other Means; And Concerning The Disposition Of Precious Metals.

Last Action

Notification that HB2281 is now Act 1293

4/16/2013

Committee Referrals

Insurance & Commerce4/8/2013
Insurance and Commerce3/12/2013

Full Bill Text

No bill text available