Title 24, Professions and Occupations

§ 2305. Inspection of premises and records. (a) Every pawnbroker, secondhand dealer and scrap metal processor subject to this chapter shall maintain at a place of business designated on the license records of all information required by this chapter, together with a photocopy of …

§ 2306. Stolen goods: notice to police. Any pawnbroker, secondhand dealer or scrap metal processor may seize any goods offered to such person for sale or as a pledge or pawn, which such person has reason to believe have been stolen. Such person shall immediately notify the law en…

§ 2307. Prohibited transactions. (a) No pawnbroker, secondhand dealer or scrap metal processor subject to this chapter shall knowingly purchase or acquire any article, ware or merchandise: (1) From any person or persons under the age of 18 unless that person or person is: a. Recy…

§ 2308. Penalties. Whoever violates this chapter, except where another penalty is provided, shall be guilty of a misdemeanor and, if convicted, may be fined not more than $10,000. (1) Assessment of a civil or administrative penalty shall be determined by the nature, circumstances…

§ 2309. Local regulations. Nothing in this chapter shall preclude political subdivisions of the State and municipalities from enacting laws more restrictive than the provisions of this chapter, but such laws shall be in addition to, not in lieu of, the regulations set forth in th…

§ 2310. Licenses required. (a) No person shall carry on the business of a pawnbroker, secondhand dealer or scrap metal processor without first having taken out a license and duly qualified as provided in this chapter. (b) All licenses granted by the State Police to such persons, …

§ 2311. Qualifications. An applicant applying for a pawnbroker, secondhand dealer or scrap metal processor license must meet and maintain the following qualifications: (1) Must be at least 18 years of age. (2) Must submit a current valid Delaware business license issued by the De…

§ 2312. Records. (a) The Section shall keep a register of all applications for pawnbrokers, secondhand dealers and scrap metal processors and complete records, changes and additions to rules and regulations, hearings and such other matters as the Secretary shall determine. Such r…

§ 2313. License fees. (a) Every person receiving a license for conducting the business of pawnbroker shall pay the Division $50 to go to the State’s General Fund. (b) Every person receiving a license for conducting the business of secondhand dealer shall pay the Division $50 to g…

§ 2314. Disciplinary proceedings; appeal. (a) Grounds. — Subject to the provisions of this chapter, the Director, pursuant to the authority of the Secretary may impose any of the following sanctions (subsection (b) of this section) singly or in combination when it finds a license…

§ 2315. Pawnbroker’s insurance. Every person applying for a license to conduct the business of a pawnbroker shall first effect an insurance policy against fire for $50,000 for the protection of goods, pawned or pledged.24 Del. Laws, c. 162, § 4; Code 1915, § 1199; Code 1935, § 13…

§ 2316. Rate of interest. No person conducting the business of a pawnbroker shall ask, demand or receive a greater rate of interest than 30 percent per month on any loans secured by pledge of personal property.24 Del. Laws, c. 162, § 8; Code 1915, § 1203; 30 Del. Laws, c. 83, § 1…

§ 2317. Unlicensed pawnbrokers, secondhand dealers or scrap metal processors. (a) Any pawnbroker, second hand dealer, or scrap metal processor operating without the required license may be issued a cease and desist order by the Division and will not be permitted to operate withou…