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Session Laws, 1997
Volume 795, Page 1990   View pdf image
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Ch. 227 1997 LAWS OF MARYLAND

(2) The restraining order is in effect until:

(i) the court lifts the order; [or]

(ii) the charges are adjudicated or dismissed; OR

(III) IN THE CASE OF AN EVENT HELD IN ACCORDANCE WITH §
12-206 OF THIS SUBTITLE, ARRANGEMENTS ARE MADE BY THE LICENSEE WHICH
WILL ENSURE COMPLIANCE WITH THE PROVISIONS OF THIS TITLE.

12-301.

(a) Each dealer shall make a written record, on a form provided by the Secretary,
of each business transaction that involves the acquisition of a secondhand precious metal
object when the transaction is made.

(b) Each pawnbroker shall make a written record, on a form provided by the
Secretary, of each business transaction that involves:

(1) lending money on pledge of personal property, other than a security or
printed evidence of indebtedness; or

(2) buying personal property on condition of selling it back at a stipulated

price; or

(3) buying the following items for the purpose of resale:

(i)

binoculars;

(ii)

cameras;

(iii)

firearms;

(iv)

furs;

(v)

household appliances;

(vi)

musical instruments;

(vii)

office machines or equipment;

(viii) radios, televisions, videodisc machines, videocassette recorders,
and stereo equipment;

(ix) personal computers, tapes, and disc recorders;

(x) watches;

(xi) bicycles; and

(xii) tangible personal property pledged as collateral.

(c) Each pawnbroker shall make a written record, on a form provided by the
Secretary, of each transaction that involves the acquisition of an item described in
subsection (b)(3) of this section for the purpose of resale.

- 1990 -

 

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Session Laws, 1997
Volume 795, Page 1990   View pdf image
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