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Any Business that purchases for resale: Bicycles Electronics - PowerPoint PPT Presentation

Any Business that purchases for resale: Bicycles Electronics Firearms Jewelry Musical Instruments & Equipment Sporting Goods Tools Other? For each covered item, a business must collect and Retain: Name, Address


  1. Any Business that purchases for resale: » Bicycles » Electronics » Firearms » Jewelry » Musical Instruments & Equipment » Sporting Goods » Tools » Other?

  2. » For each covered item, a business must collect and Retain: ˃ Name, Address & DOB of pledger/seller ˃ A photo of the pledger/seller ˃ A thumbprint from the pledger/seller ˃ A photo of the item and serial number (if available)

  3. » Electronic Inspections ˃ Relevant Records must be uploaded to Leads Online by the next business day » On-Premise Inspections ˃ Records ˃ Merchandise + 15-day no-sell, no-alter + 30-day hold (only by request after inspection)

  4. » Notice of Violation may be issued » Administrative Hearing – if requested » Possible penalties upon finding of violation: ˃ Remedial + Order to show proof of compliance + Order to cease violating conduct ˃ Punitive + Fines – could vary based on number of offenses + Permit Revocation – only for multiple violations within 12 mo. period

  5. » Ordinance Administration

  6. » How will the permit registration change? ˃ Permit Registration +Permit Process – Draft Application Review +Payment Options ˃ Registration Fees +May increase?

  7. » Thank you for Participating! ˃ www.cabq.gov/pawn-and-secondhand

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