§ 4.24.21. Electronic recordkeeping by pawnbrokers.


Latest version.
  • A.

    Each and every pawn shop and pawnbroker doing business in the city shall, within thirty (30) days of the adoption of this ordinance, maintain an electronic inventory tracking system which is capable of delivery and transmission of all information required by A.C.A. § 12-12-103 via computer to http://www.lwadsonline.com and any other entity designated by the chief of the city police department with Council approval.

    B.

    Within twenty-four (24) hours of receipt of goods pawned, every pawn shop or pawnbroker doing business in the city shall upload the information required by A.C.A. § 12-12-103 to http://www.leadsonline.com and any other entity designated by the chief of the city police department with council approval.

    C.

    Failure to comply with any provision of this ordinance shall be deemed a misdemeanor, punishable by a fine of not more than one hundred dollars ($100.00) for each separate offense. Each day of non-compliance with this ordinance shall be deemed a separate offense.

( Ord. No. 2009-4, §§ 1—3 )