12 AAC 76.010 - Application for pawnbroker license

An applicant for licensure as a pawnbroker must

(1) submit a complete application on a form provided by the department;

(2) pay the applicable fees established in 12 AAC 02.380;

(3) demonstrate that the applicant has the required experience to engage in business as a pawnbroker by providing

(A) documentation showing at least six months of ownership of or management experience in a business; that documentation must show, at a minimum, experience in financial transactions, the sale or purchase of goods, or maintenance of an inventory; or

(B) documentation of completion of a two-year college degree program or higher level of education;

(4) submit a notarized statement listing each municipality or licensing jurisdiction in which the applicant holds or has ever held a pawnbroker license; and

(5) submit a report under AS 12.62 containing criminal history record information concerning the applicant and issued no earlier than 90 days before the application; if a state other than this state is the applicant's primary state of residence, or if the applicant holds or has ever held a pawnbroker license in a state other than this state, the applicant must also submit an equivalent report issued by that other state and issued no earlier than 90 days before the application.

Notes

12 AAC 76.010

Eff. 7/1/2011, Register 198

Authority:AS 08.01.060

AS 08.01.065

AS 08.01.080

AS 08.76.100

AS 08.76.110

AS 08.76.470